Section 358.662 – Definitions for ORS 358.662 to 358.678.
As used in ORS 358.662 to 358.678: (1) “Eligible costs” includes architectural, engineering, material and planning costs, rehabilitation and reconstruction costs, and construction expenses necessary to meet building code requirements. (2) “Financial need” means the amount of moneys that must be obtained from a lender in order for the proposed project to be completed. (3) […]
Section 358.664 – Historic Preservation Revolving Loan Fund.
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Historic Preservation Revolving Loan Fund. Moneys in the Historic Preservation Revolving Loan Fund are continuously appropriated to the State Historic Preservation Officer for the following purposes: (a) To provide loans to owners of historic property, as described in ORS […]
Section 358.666 – Historic Preservation Revolving Loan Fund Review Committee.
(1) There is established the Historic Preservation Revolving Loan Fund Review Committee, consisting of three members appointed by the State Historic Preservation Officer and representing each of the following interests: (a) The interests of the Housing and Community Services Department; (b) The interests of the State Historic Preservation Officer; and (c) The interests of banks […]
Section 358.668 – Historic preservation loans; application and approval process.
(1) Any of the following persons may apply for a loan from the Historic Preservation Revolving Loan Fund: (a) An owner of historic property. (b) A city or county having jurisdiction over the historic property for which the application is being filed. (c) A nonprofit corporation organized for the purpose of owning, managing or rehabilitating […]
Section 358.670 – Loan contract terms and requirements.
(1) If a loan application is approved by the State Historic Preservation Officer under ORS 358.668, the borrower (and the owner of historic property if the owner is a person other than the borrower) must enter into a written loan contract with the State Historic Preservation Officer. Under the terms of the loan contract, the […]
Section 358.672 – Lien created when historic preservation loan made; procedure; foreclosure.
(1) The State Historic Preservation Officer has a lien upon any historic property that is the subject of a rehabilitation funded in whole or part from a loan from the Historic Preservation Revolving Loan Fund for the entire amount of principal and interest on the loan. (2) The lien created under this section shall attach […]
Section 358.674 – Types of property for which historic preservation loan may be made.
A loan from the Historic Preservation Revolving Loan Fund may be made for the rehabilitation of a historic property that is classified and specially assessed as provided in ORS 358.480 to 358.545 or any other historic property. [2001 c.540 §35]
Section 358.676 – Rules; fees.
(1) The State Historic Preservation Officer shall adopt rules: (a) Establishing standards and guidelines for the rehabilitation of historic property. The standards and guidelines shall include, but need not be limited to, guidance on preservation, maintenance and rehabilitation of historic property, adequacy of rehabilitation plans and proposals, and eligible alterations of and construction associated with […]
Section 358.625
[1953 c.475 §3; renumbered 390.440]
Section 358.678 – Annual report.
The State Historic Preservation Officer, in consultation with the Historic Preservation Revolving Loan Fund Review Committee, shall report annually to the Governor and to the Legislative Assembly on the financial condition and operation of the Historic Preservation Revolving Loan Fund. [2001 c.540 §37]