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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.
SB 1530: a $75 million revolving loan fund to help local governments issue loans for affordable low-income housing. [17] 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 ...
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.
Oregon's effort to address housing and homelessness has made strides in the past year, but more funding, more work and more ideas are needed moving forward, according to presenters who spoke ...
In the 1970s, when studies showed that the worst housing problem afflicting low-income people was no longer substandard housing, but the high percentage of income spent on housing, Congress passed the Housing and Community Development Act of 1974, further amending the U.S. Housing Act of 1937 to create the Section 8 Program. In the Section 8 ...
SNAP provides monthly food benefits to eligible low-income individuals ... The ODHS recently increased the income limit for SNAP to 200% of the federal poverty level — or $2,147 a month for an ...
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