State of Oregon

03/10/2026 | Press release | Distributed by Public on 03/10/2026 14:24

Oregon Housing and Community Services advances funding for more than 300 affordable rental homes across the state

Oregon Housing and Community Services advances funding for more than 300 affordable rental homes across the state

Oregon Housing and Community Services (OHCS) continues steady progress to increase the state's housing supply by funding the creation and preservation of 329 affordable homes. The Oregon Housing Stability Council approved funding for four properties located in Astoria, Redmond, and Portland.

"Solving the affordability crisis Oregonians are facing demands that we address housing supply," said OHCS Executive Director Andrea Bell. "In all corners of the state, we need to be united in delivering solutions that ensure every Oregonian has a safe, decent, and affordable place to live."

These developments reflect a broad spectrum of housing types, from manufactured homes and cottage-style units to multifamily apartments, demonstrating the critical need for diverse housing options across Oregon. Investing in homes of all shapes and sizes addresses the state's housing affordability challenges, especially in rural communities where local housing needs require local solutions. The awarded projects also offer a range of service levels, including permanent supportive housing and culturally specific services, ensuring Oregonians can access housing that truly meets their needs.

The projects were selected through the Oregon Centralized Application process - a first-of-its-kind approach that streamlines funding to help preserve and create more affordable housing faster and more efficiently.

More details about each project can be found in the Housing Stability Council meeting packet.

About Oregon Housing and Community Services (OHCS)
OHCS is Oregon's housing finance agency. The state agency provides financial and program support to create and preserve opportunities for quality, affordable housing for Oregonians of low and moderate income. OHCS administers programs that provide housing stabilization. OHCS delivers these programs primarily through grants, contracts, and loan agreements with local partners and community-based providers. For more information, please visit: oregon.gov/ohcs.
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State of Oregon published this content on March 10, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 10, 2026 at 20:24 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]