Community Green Infrastructure Fund. (1) The Community Green Infrastructure Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Community Green Infrastructure Fund shall be credited to the fund. Moneys in the fund are continuously appropriated to the Department of Land Conservation and Development for the purpose of carrying out ORS 197.470, subject to the allocations described in subsection (2) of this section

(2) Of the moneys in the fund:

(a) 30 percent shall be allocated for grants to be awarded for planning or developing green infrastructure economic development projects;

(b) 40 percent shall be allocated for grants to be awarded for entities or projects located in green infrastructure improvement zones; and

(c) 30 percent shall be allocated for grants to be awarded to entities or projects in tribal, rural, remote or coastal communities. [2023 c.442 §25]

Note: See note under 197.468.