Oregon Proposal to approve adoption of stock purchase assistance plan

State:
Multi-State
Control #:
US-CC-23-106C-NE
Format:
Word; 
Rich Text
Instant download

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This sample form, a detailed Proposal to Approve Adoption of Stock Purchase Assistance Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

General Fund appropriations provide funding to agencies that do not generate revenues, receive federal funds or generate sufficient other funds to support their approved programs. Agencies do not actually receive money from the General Fund.

But the Oregon Department of Corrections, with a budget over $1 billion a year, is not tracking the scope of the problems within prisons or able to provide the public and families of inmates meaningful information about some prison conditions, a Capital Chronicle investigation has found.

To qualify for HUD housing assistance, annual household income must be below 50 percent of the median income for that area. Under most HUD programs, seniors pay 30 percent of their annual adjusted income for rent.

Eligible projects applying for funding under a Notice of Funding Availability (NOFA) must be new construction, or acquisition with substantial rehabilitation, providing at least 15 units of permanent rental housing. Affordable rents and income restrictions are required in exchange for favorable loan terms.

The Housing Development Grant Program (?Trust Fund?) was created to expand Oregon's housing supply for low- and very low-income families and individuals by providing funds for new construction or to acquire and/or rehabilitate existing structures.

Rental assistance brings in excess of $300 million to the Oregon economy. Grants - for housing and community development activities. HUD awards grants to local and state government, and occasionally non-profits. Awards are made either by formula distribution or by competitive process.

The 2023-25 current service level budget represents a $27.3 billion total funds, or 25.5%, increase over the 2019-21 current service level and reflects the addition of 4,792 positions. General Funds and Lottery Funds make up $6.1 billion of this growth.

In Oregon, income limits for Section 8 housing vary by household size and geographic location. Generally, households must earn no more than 50% of the area median income (AMI) to qualify for Section 8 housing. However, certain households, such as those with elderly or disabled members, may qualify with higher incomes.

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Oregon Proposal to approve adoption of stock purchase assistance plan