Phone: 503-823-2375
fax: 503-823-2387
421 SW 6th Avenue, Suite 500, Portland, OR 97204
Apply for Funding
The Portland Housing Bureau (PHB) supports new housing development and rehabilitation of existing properties, primarily in Portland’s Urban Renewal Areas. PHB's role is to:
- Provide technical expertise around project feasibility, contracting and hiring regulations, sustainable design and building practices and community involvement;
- Connect project resources and coordinate development finance packages;
- Provide direct assistance in the form of low-interest, favorable-term loans for various development phases (subject to resource availability); and
- Identify federal, state and city funding and incentive programs, including tax credits and exemption programs.
For more information about resource availability, please call PHB at 503-823-2375.
Direct Financial Assistance Programs for Rental Housing Development
Learn about low-interest affordable housing development loans, available through an annual NOFA process
System Development Charge (SDC) Exemptions
The SDC Exemption Program assists developers by reducing their development costs when building affordable housing
Limited Tax Exemptions (LTE)
Learn about property tax exemption programs for single-unit homes and multi-family rental units
Down Payment Assistance Loan
Learn about this low-interest loan to help first-time homebuyers purchase a home in Portland’s Interstate Corridor or Lents Town Center Urban Renewal Areas
Mortgage Credit Certificate (MCC)
Learn about this federal tax credit for first-time homebuyers
Home Repair Loans
Learn about low-interest loans to help you fund critical home repairs
Lead Hazard Reduction Grants
Find information about lead hazard removal grants available to individual homeowners, landlords, and other nonprofit and affordable housing property owners