Oregon
Deadlines for Oregon’s Affordable Housing Fund Offerings
Below are the deadlines for Oregon Housing and Community Services’ development and preservation of affordable housing. Questions about these deadlines and fund offerings should be directed to MFNOFA@oregon.gov.
Oregon Launches Market Cost Offset Fund
In April 2022, the Oregon Housing Stability Council approved a framework to provide funding gaps for projects that, due to the market conditions and construction cost increases, have not been able to close and start development.
Oregon Extends Deadline to Submit Medicaid for Housing Support Letter to April 13
Oregon submitted an application in February to the Center for Medicare and Medicaid Services (CMS), which includes new innovative proposals that would allow Oregon for the first time to spend Medicaid funds on housing services if approved.
Acting Director Andrea Bell Appointed as Director of Oregon Housing and Community Services
Governor Kate Brown appointed Andrea Bell as the director of Oregon Housing and Community Services (OHCS), effective April 1.
Oregon Housing Stability Council – April 1
Oregon Housing and Community Services (OHCS) will hold a Housing Stability Council meeting on April 1 from 9 a.m. to 1 p.m. PT via Zoom.
Oregon Updates IDA Net Worth Limit
Oregon Housing and Community Services is updating the Individual Development Accounts (IDA) Program rules Net Worth definition to reflect new allowable amounts from $60,000 to $120,000, proposed fiduciary organization entity, Fiduciary Organization Use of Tax Credit Contributions and Related Funds and Account Holder Use of Funds per House Bill 2433 (2021).
Oregon Closes Emergency Rental Assistance Application
Oregon Housing and Community Services (OHCS) closed the Oregon Emergency Rental Assistance Program (OERAP) Portal and stopped accepting new applications at 11:59 p.m. PT on March 14.
Oregon Holds WAP Plan Hearing – April 13
Oregon Housing and Community Services will hold a hearing on its draft 2022-2023 Weatherization Assistance Program state plan from 10 to 10:30 a.m. PT on April 13. Join the meeting with this link.
$12 Million Available for Multifamily for Oregon’s Land Acquisition Revolving Loan Program
Oregon Housing & Community Services announced $30 million in funding availability on a first come, first served basis for The Affordable Housing Land Acquisition Program (LAP) starting April 1, 2022.
Oregon LIHTC Rules Update Webinar – March 31
Oregon Housing and Community Services will host a webinar from 10 to 10:30 a.m. PT on March 31 to update the rules governing the LIHTC program to update to the definitions so that they reflect the changes to the four percent LIHTC program and correctly reference the most current QAP.
Oregon Releases Nine Percent NOFA
Oregon Housing and Community Services (OHCS) released the nine percent LIHTC Notice of Funding Availability (NOFA) 2022-5.
Oregon Releases LIFT NOFAs
Oregon Housing and Community Services (OHCS) released three Local Innovation and Fast Track (LIFT) NOFAs.