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Funding Opportunities

NOFA: Homeownership Development

The Notice of Funding Availability (NOFA) provides an opportunity to apply for loans and grants. OHCS awards these funds through an annual allocation process.

To receive the technical advisories announcing NOFA releases, sign up for OHCS announcements and updates in your inbox.


NOFA #2025-HOD

Local Innovation and Fast Track (LIFT) Homeownership and Oregon Affordable Housing Tax Credit (OAHTC)

NOFA #2025-HOD is now posted and available for applications.

Please refer to the following key dates:

  • Jan. 6, 2025: Applicants may submit pre-applications at any time and begin work on applications.
  • Feb. 24, 2025: OHCS will begin accepting full applications.
  • March 10, 2025: Deadline for first round of applications to receive notice of award in May.

Applications will be accepted until May 12, 2025, or when all funds are awarded, whichever is sooner.

Notices and Reference Documents

NOFA #2025-HOD Homeownership Development Notice

NOFA #2025-HOD Homeownership Development Scoring

NOFA #2025-HOD Frequently Asked Questions - Jan 29, 2025

Pre applications

Pre-applications are available.

OHCS recommends submitting your pre-application as early as possible to express your intent to apply and avoid any delays.

Application Materials

NOFA #2025-HOD Application Workbook - Amended Jan. 29, 2025

NOFA #2025-HOD Application Workbook - Abbreviated for Applications with Four or Fewer Homes - Amended Jan. 29, 2025

Summary of Application Workbook Changes - Jan. 29, 2025

OAHTC-only and OAHTC supplemental applications coming soon.


Trainings

Optional information sessions and trainings were held in January to support applicants after NOFA launch.

General Information Session

Recording
Presentation

Application and Scoring Workshop

Recording
Presentation

Proforma Training Session

Recording
Presentation
Clarification Regarding an Error in the Pro Forma Demo


Funding Availability

LIFT Set-aside categories (updated Jan. 29, 2025)

  Small and
Emerging
Developers
CSOs and
Counties
Underserved
by LIFT
All Other
Applicants
Total Funds $8,075,330 $12,112,994 $20,188,323
Awarded Funds $0 $0 $0
Available Funds $8,075,330 $12,112,994 $20,188,323
Applications $0 $0 $0
Pre-Applications $10,630,000 $12,900,000 $52,128,069