Conduit Bond Financing and 4% LIHTC Application
OHCS provides bond issuance services. However, we do not provide the loan or credit enhancement. This program provides funds to finance multi-unit affordable housing for lower-income Oregonians. The program provides funds to construct, rehabilitate and acquire housing developments. The program objectives include additional flexibility in loan structure. Agency staff coordinate with the developers, lenders, and equity to underwrite and approve funding. The LIHTC program provides low income tax credits for developers to construct, rehabilitate, or acquire and rehabilitate qualified low-income rental housing. OHCS reserves and allocates 4% non-competitive tax credits on eligible properties year-round.
How to Apply?
Effective 10/28/2021: We are pausing acceptance of 4% and Bond Pre-applications while we manage our existing pipeline, wait for a resolution of the federal Reconciliation Bill that impacts the PAB limits, and update our Qualified Allocation Plan. We expect to restart our applications in early 2022 with updated policies in place. Stay tuned for updates as they become available via Technical Advisory, Partners Call or Director's Messages.
ARH Pipeline Active Under Review - These are active or under review applications we're currently managing during the pause of applications for these resources. The list will be updated regularly as information and other decisions are determined.
Effective 10/28/2021: We are pausing acceptance of 4% and Bond Pre-applications while we manage our existing pipeline, wait for a resolution of the federal Reconciliation Bill that impacts the PAB limits, and update our Qualified Allocation Plan. We expect to restart our applications in early 2022 with updated policies in place. Stay tuned for updates as they become available via Technical Advisory, Partners Call or Director's Messages.
ARH Pipeline Active Under Review - These are active or under review applications we're currently managing during the pause of applications for these resources. The list will be updated regularly as information and other decisions are determined.
Technical Advisories
Questions?
Email Us Here ATTN: 4% LIHTC Conduit