The Permanent Supportive Housing (PSH) Risk Mitigation Pool (RMP) was created in 2023 by the Oregon legislature to reimburse eligible project owners for operational costs related to PSH.
The pool may be used for repairing physical damages beyond normal wear and tear or supplementing increased operating costs, such as additional extermination fees or vacancy reimbursement during damage repair. The goal of the Risk Mitigation Pool is to decrease insurance claims, provide stability to the entire affordable housing insurance pool, and limit PSH propertyies’ exposure to these unanticipated financial risks.
Permanent supportive housing is a national model that effectively serves individuals and families experiencing long-term homelessness. By providing on-site, individualized services, PSH leads to cost savings in public systems, particularly within healthcare and justice systems, and long-term housing stability for vulnerable households.
Program Fact Sheet
RMP Draft Framework
Partner webinar - December 13, 2023, 10-11 am
The Affordable Rental Housing Division (ARH) is inviting partner feedback regarding the draft framework for the new Risk Mitigation Pool (RMP) funded in the 2023 Legislative session.
Register for the webinar
Resources and updates
Technical Advisories are sent to provide updates on the PSH RMP.
to receive Affordable Rental Housing Division/Technical Advisories for more updates.