Oregon Housing and Community Services
Oregon
The Oregon Affordable Housing Tax Credit (OAHTC) Program provides a state income tax credit for affordable housing loans for which a lender reduces the interest rate by up to four percent. Applicants must demonstrate a 20-year term during which the benefit of the reduced interest will be passed on to reduce rents for tenants.
Funding Source
Tax expenditure
Funding Year
2023
Program Status
Active
Total Funding
$35,000,000
Contact
Martin Jarvis
Oregon Housing and Community Services
[email protected]
971-388-6029
How Provided?
Development tax credits
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age
Program Type
Income Eligibility Threshold
Duration
Info Source
NLIHC internet research
Last Updated
8/16/23 16:43
Other Eligibility Requirements
No other eligibility requirements
Coordinates Eligibility With
Does not coordinate with other systems
Eligibility Limitations
Does not limit eligibility on these criteria
Priority Populations
Does not prioritize beyond eligibility requirements