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Elderly & Disabled (E & D) Loan Program
 
Multifamily Loans / E & D Loan Program
(Temporarily suspended, under construction)
The Elderly and Disabled (E & D) Loan Program provides below-market interest rate permanent mortgage loans by issuing pooled tax-exempt bond financing for affordable multi-unit rental housing projects. Borrowers may apply for this loan for construction of new affordable housing or for acquisition and/or rehabilitation of existing properties. This program finances apartments, congregate care, residential care, and assisted living facilities for elderly persons, as well as group care homes for mentally and physically disabled persons. Oregon Housing and Community Services (OHCS) provides credit enhancement, plus bond issuance.
Senior Living Housing financed by the Elderly and Disabled Loan Program
PDF file  Program Factsheet 
 
 Loan Application
 
 Elderly Review Policy 
 
For More Information:
Heather Pate, Section Manager
Ph: 503.986.6757 | E-Mail
Looking to develop affordable housing in your area?
Contact a Regional Advisor 
Ph: 503.986.2000
Related Resources:
PDF file
Multifamily Finance and Resources Section Factsheet
PDF file List of Approved Market Analysts
LIHTC 4% Application 
Grant and Tax Credit Programs