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Predevelopment Loan Programs

Multifamily Loans / Predevelopment Loan Programs
The Predevelopment Loan Programs are intended to facilitate the development of high quality, affordable housing by providing below market financing and flexible terms for site acquisition and typical predevelopment expenses. The programs have been made possible through a variety of funding sources. The Department will underwrite, originate, and service the loans directly.
Our Predevelopment Loan Programs are outlined below. For requirements and/or guidelines, please see the program factsheet and application.
Predevelopment Loan Program
  • Predevelopment Loan Program
  • Seed Money Advance Loan Program
  • Market Study Loan Program
  • Capital Needs Assessment Loan Program
PDF file
Program Factsheet
Loan Application 
OAR Division 38
For More Information:  
Predevelopment Loans:
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 Permanent Loan with Bond Financing 
Microsoft Word file List of Approved Market Analysts
Grant and Tax Credit Programs