Oregon Affordable Housing Tax Credit
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.
Contact
Martin Jarvis
Oregon Housing and Community Services
[email protected]
971-388-6029
Other Eligibility Requirements
No other eligibility requirements
Eligibility Limitations
Does not limit eligibility on these criteria
Priority Populations
Does not prioritize beyond eligibility requirements
Total Funding
$35,000,000
Funding Source
Tax expenditure
Funding Year
2023
How Provided?
Development tax credits
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age