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The Oregon Housing and Community Services Department (OHCS) is the housing finance agency of the government of the U.S. state of Oregon.It administers programs providing financing assistance for single family homes, new construction or rehabilitation of multi-family affordable housing developments, and grants and tax credits to promote affordable housing.
Apr. 26—Oregon Housing and Community Services (OHCS) and BuildUp Oregon have announced the launch of the OHCS Co-location Fund aimed at expanding access to early childhood education and ...
Oregon is spending $56.7 million to help build affordable housing projects, including a new 39-unit building in the middle of Springfield.
Jan. 29—Recently, U.S. Representatives Val Hoyle (OR-04) and Salud Carbajal (CA-24) introduced the Decent, Affordable, Safe Housing for All (DASH) Act, a companion bill to Senator Ron Wyden's ...
The Trust Fund is intended to complement existing federal funding sources for affordable housing. By law 90% of fund are to support activities that build, preserve, repair, and operate rental housing for low-and very-low income households.
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
Margaret Salazar has faced criticism locally for her oversight of Oregon's rental assistance program, which has been slow to get help to renters. Biden appoints Oregon housing director Margaret ...
SB 1530: a $75 million revolving loan fund to help local governments issue loans for affordable low-income housing. [24] HB 4134: Requiring the Oregon Business Development Department to provide grants to cities for specified infrastructure projects that will benefit housing developments that will make at least 30 percent of the dwelling units ...
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