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Elderly & Disabled (E & D) Loan Program

OHCS Home / Multifamily Loans / ORR 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.

Looking to develop affordable housing in your area?
Contact a Regional Advisor at (503) 986-2000

 

Program Resources

Factsheet: Elderly and Disabled (E & D) Loan Program

Loan Application

 

For more information:
Heather Pate, Section Manager
(503) 986-6757

 

Related Resources:

Factsheet: Multifamily Housing Section​

List of Approved Market Analysts

LIHTC 4% Application

Grant and Tax Credit Programs

 
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