Oregon

The Oregon Legislature has introduce a measure, HB 2527, that would extend the extend the sunset on the Oregon Affordable Housing Tax Credit.

After four years as the Executive Director of Oregon Housing & Community Services Victor Merced recently announced he will be leaving his position for new opportunities. Deputy Director Rick Crager will act as Acting Director until a replacement is named by the governor.

Oregon Housing and Community Services Director Victor Merced recently issued a letter to its program partners that explores establishing a standards affordability period across OHCS programs.

Oregon Governor Ted Kulongoski recently signed into law House Bill 3680, which restructures the state’s business energy tax credit (BETC) program.

Oregon Housing and Community Services has announced that it will hold one funding round in its 2010 Consolidated Funding Cycle, which includes low-income housing tax credits and other resources, and has postponed the cycle 60 days.

Oregon Housing and Community Services will hold public meetings to discuss implementation of House Bill 2436, the Housing Opportunity Bill on…

U.S. Department of Housing and Urban Development Secretary Shaun Donovan yesterday announced that HUD has approved requests from 26 states for over $1 billion in funding through the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act of 2009 (ARRA).

The Oregon State Legislature sent HB 5019, the Oregon Housing and Community Services budget, to the Governor.

Oregon Housing and Community Services has published its draft implementation plan for the Section 1602 (Exchange) and Tax Credit Assistance (TCAP) programs.

NH&RA will continue to update the ARRA resource page below as information is made available.

A bill (SB 199) has been introduced in the Oregon state legislature that would increase by $4 million the cap on the amount of Oregon Affordable Housing Tax Credits that may be outstanding in any fiscal year, from $17 million to $21 million.