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Oregon Housing and Community Services

Preservation of Subsidized Projects
APS Section / PreservationPreservation of Subsidized Projects
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An Overview
The Department has been the administrator of one-hundred twenty-two Federally subsidized projects that assist more that 30,000 low income Oregonians. The multiple-purpose loans that funded those communities are maturing and the Department, with their affordable housing partners, are working with existing and new owners to renew the federal contracts, rehabilitate units where necessary, and set up state contracts to ensure that the housing remains affordable.
 
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Resources
internet fileHousing Assistance Payments (HAP) Contract Preservation with Loan Prepayment