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Oregon Rural Rehabilitation (ORR) Loan Program
 
Multifamily Loans / ORR Loan Program
The Oregon Rural Rehabilitation (ORR) Loan Program is exclusively for farmworker housing. The program was originally funded with a transfer of funds from the Oregon Division of State Lands. (The original funds were provided through the Secretary of Agriculture and designed to carry out the Bankhead-Jones Farm Tenant Act for the purpose of developing and/or preserving farmworker housing). The maximum loan is $100,000 or 35 percent of project costs for a maximum term of 10 years. The interest rate is one percent to nonprofits and three percent to for-profit borrowers.
Sandy Vista Apartments financed through the Oregon Rural Rehabilitation (ORR) Loan Program
PDF file Program Factsheet 
 
 Loan Application
 
For More Information:
Don Herman, Program Manager
Ph: 503.986.2082
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
Grant and Tax Credit Programs