- Must own the current manufactured home and use it as their primary residence. OHCS is unable to help with replacing second homes, rental properties, or vacation homes.
- The current manufactured home must be energy-inefficient (most manufactured homes built before 1995 are considered energy inefficient).
- The manufactured home must be located on personally owned property, in a cooperatively or nonprofit owned park, or in a privately owned park that has a written agreement with OHCS.
- Applicant household income must be at or below 100% of Oregon's area median income ($72,000 for a family of two in 2022).
Grants and Loans
The OHCS Disposal Grant can cover up to $15,000 of the cost to get rid of the old home. These funds will be paid directly to contractors performing the work, permitting authorities, or OHCS authorized vendor. OHCS will not reimburse manufactured home owners for any disposal costs.
Manufactured Home Replacement Loan (MHRL)
The MHRL is a 10-year forgivable loan with zero interest and zero monthly payments. This means that OHCS will forgive 1/120 of the loan each month and it will be fully forgiven after 10 years (120 months). If you sell the manufactured home before 10 years, you will need to pay the outstanding balance of the loan, unless: (a) the loan is assumed by an eligible buyer or (b) the remaining balance is forgiven by OHCS due to hardship. Additionally, The MHRL is a subordinate loan, which means that the primary lender of the home will continue to hold the first lien position until the property is fully paid off.
The amount of your loan will be determined with the help of the manufactured home navigator. You will identify the gap between the cost of your project and the financial resources available to you. The financial resources available may include personal resources, such as savings or monthly income, and other grants and loans through community partners. The MHRL maximum amounts that OHCS can provide are up to $100,000 for a single-wide manufactured home and $175,000 for a double-wide.
MHRL funds will be disbursed directly to manufactured home dealers/retailers, contractors, permitting agencies, and other OHCS-authorized vendors. OHCS cannot disburse funds directly to homeowners or reimburse them for any manufactured home replacement costs. Additionally, MHRL requires that your current home be replaced with a new, energy-efficient manufactured home (Energy Star or NEEM 2.0 rated). The MHRL funds can also be used to cover the costs of site work or any work that is required to install the new manufactured home, permits, and other authorized work. (Note: OHCS forgivable loans cannot be used to pay for site work beyond what is necessary to replace a manufactured home including, but not limited to, landscaping, irrigation systems, etc.)