Funding Opportunities: Affordable Rental Housing Development

Housing Development / Affordable Rental Housing Development Funding

Affordable rental housing development​ resources include grants, loans, and tax credits for affordable, multi-unit, rental housing development.

Notice of Funding Availability (NOFA) applications provide limited grant and tax credit funds in an annual and competitive allocation process.

Housing Development funds are available on a first come, first served basis through a variety of loan programs and agriculture workforce housing tax credits.

Housing Capital Funding Schedule​​

How It Works:

2020 NOFA Expectations  **NEW**​

Before Applying: 
1. Applicants must complete a Project Site Review Checklist​​

2. Review the Core-Development Manual (CDM), formerly PDM ​​


​Local Innovation and Fast Track (LIFT) Rental  **NEW**​
9% Low Income Housing Tax Credits  **NEW**​​
HOME Investment Partnership Program   **NEW**​​​
Preservation with 4% LIHTC  - **NEW**​​​​
Agriculture Workforce Housing Tax Credits 

4% Low Income Housing Tax Credits​              
Bond Financing / Loan Programs ​
Oregon Multifamily Energy Program​ 
Oregon Rural Rehabilitation

Small Scale Projects and Large Scale Projects with Additional Veterans Subsidy NOFA #2019-4​
Permanent Supportive Housing Development and Operational Team Technical Assistance Cohort  #914-5054-19​
Portfolio Preservation
Man​ufa​ctured Dwelling Park Preservation​​

Quick Links:​

  Announcements/Technical Advisories
  Data Resources
General Policy & Guideline Manual
  Qualified Allocation Plan​
  Reservation Letter Attachments

Related Links

Appraisals and Market Analysis:
General Market Analysis Workbook
Special Needs Market Analysis Workbook
​ ​Needs and Impact:
Multifamily Housing Data Resources

Rents and Incomes:
HOME Rents and Incomes
HOME Subsidy Limits​
LIHTC Rents and Incomes
Other Resources:
Affordable Rental Housing Developments and Applicants
Consolidated Plan
Grant & Tax Credit Programs 
Multifamily Loan Programs 
Reservation Letter Attachments
Transfer of Ownership for Grants, Tax Credits, or Bond Funded Projects