The Portland Housing Bureau (PHB) provides direct financial assistance in the form of low-interest, favorable-term loans for various development phases to nonprofit and for-profit affordable housing developers (typically multi-family rental housing).

Loan products are subject to resource availability, and are generally advertised annually in the form of Notices of Funding Availability (NOFAs) or Requests for Proposals in specific Urban Renewal Areas (URAs). For more information about resource availability for these programs, please contact Mary Welch at Mary.Welch@portlandoregon.gov or 503-823-3403.