Skip to Content

State awards over $40 million to build, preserve over 400 affordable homes, including Bend, Redmond and La Pine

Oregon Housing and Community Services

SALEM, Ore. (KTVZ) — Oregon Housing and Community Services announced Monday funding awards of more than $40 million in grants and tax credits to build and preserve 417 homes around the state, including locations in Bend, Redmond and La Pine.

The resources come from the federal 9% Low-Income Housing Tax Credits (LIHTC), HOME, General Housing Account Program (GHAP), and the Oregon Affordable Housing Tax Credits (OAHTC). These resources are used along with local, state, and private investments to make possible the development of affordable housing in communities across Oregon.

“This progress is about what really matters — putting resources towards investments that make life better for more Oregonians,” said OHCS Director Andrea Bell. “Over 400 families and individuals will have a safe and stable place to call home because of these investments and the leadership of our local partners who made this possible.

"This progress can invigorate neighborhoods, communities, and our economies. These investments in housing today will serve Oregonians for generations to come especially in our rural and Tribal communities.”

These investments also contribute to the five-year Statewide Housing Plan (July 2019-July 2024) goal of increasing the pipeline of affordable rental housing. OHCS surpassed the goal of adding 25,000 homes to the pipeline and has met this goal at around 107% of the target as of the end of 2023. The agency will release the outcomes of the Statewide Housing Plan this summer.

The latest investments for the creation affordable rental housing in Oregon were approved last week by the Oregon Housing Stability Council (HSC). Below is a list of the developments and further details can be found in the HSC meeting materials.

DevelopmentLocation Homes (units)Total Funding 
Allen Creek Crossing Grants Pass68 $4.5 million 
ALSO Apartments Gresham39 $4.8 million
Burlwood ApartmentsPortland35$947,442 
Colonia del Valle Próspero Albany54 $5 million
Klamath LIHTC #1Chiloquin30 $4.6 million
Majestic Garden ApartmentsRedmond, Veneta, Harrisburg, Junction City (Scattered Sites)66$5.7 million
Nine PeaksBend45$10 million
Voyager’s VillageSalem41 $2.6 million
Wickiup Station ApartmentsLa Pine39$4.1 million

comunicado de prensa en español

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:

Article Topic Follows: Bend

Jump to comments ↓

KTVZ news sources


KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content