OHCS offers multiple funding opportunities to develop affordable housing throughout Oregon. The Affordable Rental Housing Development (ARHD) Section administers the following agency programs:
- Low-interest loan programs
- Grants and Tax credits programs
The Section works with local partners to provide viable financing packages. These packages implement our mission to develop and preserve affordable housing linked with appropriate services, throughout the State.
The sections below describe the program funding process and include links to program information, funding instructions, forms, and contact information for assistance.
The Affordable Rental Housing Development programs help fund both existing and new construction developments through either a competitive Notice of Funding Availability (NOFA) process or through non-competitive funding sources. Funding programs range from housing for persons with special needs to housing for lower income Oregonians.
Notice of Funding Availability (NOFA)s
Developers and sponsors can access program funds through our annual competitive application process. Developments may be funded through a combination of programs listed below.
Non-Competitive Funding
Some programs are also open for application year-round. See the information under Non-Competitive Funding on this page.
Learn about our programs
2022-2023 Funding Calendar
Grants and Tax Credits
Bond Financing and Loans
Housing Preservation Set-asides (available with specific NOFAs)
Please Note: Funding opportunities for Homeownership Developments follow a different application process described separately on this page.
In addition to our competitive NOFAs, OHCS offers non-competitive funding opportunities for affordable rental housing development.
Non-competitive programs include the 4% Low Income Housing Tax Credit (LIHTC), Pass-Through Revenue (Conduit) Bond Financing and Oregon Rural Rehabilitation Loan, and Oregon Multifamily Energy Program (OR-MEP).
Applications are accepted at any time throughout the year for financing to be used either separately or inconjunction with NOFA offerings.
Links:
- Procorem WorkCenter Request Form
- Funding Flow Chart: Non-Competitive Funding - coming soon
For each funding opportunity and during the NOFA pre-application phase, the following training resources are provided to applicants.
NOFA Frequently Asked Questions, regularly updated. Submit questions at MFNOFA@oregon.gov
Technical Advisories emailed regularly to the E-News subscription list, sign up for
E-News here
Training presentation materials and video tutorials
PROCOREM & PROLINK Training as follows: