During the 2024 Legislative Session, Oregon Housing & Community Services (OHCS) received over $212 million to address housing and homelessness needs across the state. These funds build on the historic $1.14 billion allocated to the agency during the 2023 Session and will ensure that supports remain available throughout the biennium while also launching new and critical work.
In addition to key investments, OHCS also saw the passage of key policy bills that made needed adjustments to current programs to ensure the effective delivery of resources to Oregonians.
OHCS investments
$65 million to support existing shelter operations and housing-focused services.
$34 million in homelessness prevention resources with a 30% set-aside for culturally responsive organizations.
$7 million in additional homelessness prevention funds for the Urban League of Portland.
$5 million to support the Individual Development Account (IDA) Initiative.
$1 million to be administered by our partners at Seeding Justice to provide grants to community organizations to support tenant education and resources in cases of expiring affordability or manufactured home park sales.
$75.8 million to establish the Housing Project Revolving Loan program to facilitate the development of moderate-income housing.
$39 million to continue rehousing efforts in communities statewide as part of Oregon’s ongoing Emergency Homelessness Response effort.
$475,808 to ensure ongoing technical assistance for providers participating in Oregon’s Emergency Homelessness Response.
Shifts to how the $600 million in Article XI Q Bonds allocated to OHCS in the 2023 Session are divided across Local Innovation and Fast Track Housing Development (LIFT) Homeownership, LIFT Rental, and Permanent Supportive Housing (PSH) to better align with current projects and the industry’s anticipated production capacity.
OHCS policy priorities
Senate Bill 1529 allows OHCS to set the maximum reimbursement rate of the Housing Choice Landlord Guarantee Program via rulemaking.
Senate Bill 1501 expands the purpose of the Long-Term Rental Assistance Fund to allow funds deposited into the account to be used to provide rental assistance to people at risk of or experiencing homelessness.