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Homeownership Development

Homeownership Development Programs

OHCS’ Homeownership Development Programs aim to increase the supply of affordable homes for purchase by Oregonians with low to moderate incomes across the state. We strive to create new, affordable homes that respond to local housing needs and are accessible to communities that are under-represented as homeowners in Oregon.

The 2024 Notice of Funding Availability (NOFA) was amended on 2/27/2024. The amendment and further details can be found on our Funding Opportunities webpage

Current Homeownership Development awardees may consider the below guidance for processes that may not be clear in other documentation.

Eligible Expenses and Draw Request Guidance

Contractors and Vertical Integration Guidance


​The Local Innovation and Fast Track Homeownership Program is intended to create affordable homeownership opportunities for low- to moderate-income families. Utilizing Article XI-Q bond funding as a source for housing development, LIFT requires the state to have an ownership or operational interest in any real property developed.

Find out more about LIFT on the LIFT Program webpage​​​.​

The Homeownership Development Incubator Program (HDIP) seeks to increase developers' capacity to build and boost the supply of affordable homes for purchase available to low- to moderate-income Oregonians. Through HDIP, OHCS aims to spur innovative, community-informed housing models and climate-resilient communities across the state. HDIP is a flexible program that can respond to needs and available funding.

Currently, HDIP has one funding offering:

  • LIFT Supplemental to provide additional support to qualifying projects that have a larger financing gap than LIFT can fill.

OHCS offers funds through competitive Notices of Funding Availability (NOFAs).

Find out more about HDIP on the HDIP ​Program webpage​​.

​The Land Acquisition Revolving Loan Program (“LAP”) assists eligible organizations in Oregon to purchase land suited for affordable housing development. Typically, 40% of the LAP fund is designated for land that will be used for affordable homeownership projects.​

Find out more about LAP on the LAP Program webpage​​.