Or. Admin. R. 813-090-0110

Current through Register Vol. 63, No. 6, June 1, 2024

Section 813-090-0110 - Remedies

(1) If the Department determines that there has been any material failure or default with respect to any term, covenant or condition of the applicable solicitation or funding documents, applicable rules, directives, other program requirements, or otherwise, it (or as applicable, the IRS) may exercise any remedy available under OAR chapter 813 (including remedies available in the 9 % LIHTC Program Manual and General Policy and Guideline Manual), relevant solicitation or funding documents, or applicable law. Remedies include, but are not limited to corrective orders or directives, recapture of LIHTC, recovery for damages, specific performance, injunctive relief, declaratory actions, appointment of a receiver for the project, foreclosure of lien interests, debarment from other Department funding, and other remedies available at law.

(2) The remedies set forth in this section are cumulative and not exclusive and are in addition to any other rights and remedies provided in this Division, other Department rules, the solicitation and funding documents, or otherwise available at law or otherwise. The Department may exercise any or all remedies available to it, and in such manner as it, in its sole discretion, determines appropriate.

OHCS 27-2014(Temp), f. & cert. ef. 6-5-14 thru 12-2-14

Stat. Auth.: ORS 456.55

Stats. Implemented: ORS 456.508, 456.510, 456.513, 456.559, 456.605, 456.625, 456.722