Local Innovation and Fast Track (LIFT) Rental Housing Program
Oregon Housing and Community Services
Oregon
Created by the Oregon Legislature in 2017, the primary goals of the LIFT program are to create and encourage new affordable family-sized housing units for both rental and homeownership opportunities in historically underserved communities, including communities of color and rural communities throughout Oregon. The LIFT program also encourages innovative, replicable, construction cost containment by prioritizing lower subsidy amount requests in each funding offering.
Contact
Becky Isom
Oregon Housing & Community Services
[email protected]
971-388-6154
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
$600,000,000
Funding Source
General revenue; Dedicated funding stream - Other
Funding Year
2023-2024
How Provided?
Development loans
Data Collected by Program
Income; Race; Ethnicity; Disability status; Age