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Portland Housing Bureau

Solving the unmet housing needs of the people of Portland.

Phone: 503-823-2375

fax: 503-823-2387

421 SW 6th Avenue, Suite 500, Portland, OR 97204

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Direct Financial Assistance for Rental Housing Development

  • Investing in Affordable Housing Development

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.