Down payment assistance program funds are awarded to organizations throughout the state to create, continue and expand their existing down payment assistance programs. Eligible homebuyers who have completed Homebuyer Education and the recommended coaching from a qualified organization, may qualify for down payment and/or closing costs assistance.
When funds are available, they are from the state’s document recording fee, and certain jurisdictions’ Construction Excise Taxes collected. A portion of these funds is distributed to Oregon Housing and Community Services to expand the state's supply of homeownership housing for low to moderate income families and individuals, particularly communities of color, with a percentage of funds reserved specifically for Oregon veterans.
The Oregon Housing and Community Services program is currently closed. You can contact one of our partnering Homeownership Centers to see if they have resources or other down payment funds to assist you with your home purchase.
Find the list of Homeownership Centers here.