Skip to main content

Oregon State Flag An official website of the State of Oregon »

Oregon Housing and Community Services

​Local Innovation and Fast Track (LIFT) Homeownership Program

The Local Innovation and Fast Track (LIFT) Homeownership Program, created alongside the LIFT Rental Program in 2016, is intended to create affordable homeownership opportunities for low- to moderate-income families.

The LIFT Homeownership Program is directly aligned with three aspects of the Statewide Housing Plan, including Rural Communities, Homeownership, and Equity and Racial Justice. OHCS is committed to closing the housing gap in communities of color, especially in rural communities.

With a focus on increasing housing supply, LIFT funds can be used for new construction or conversion of existing non-housing structures with units being completed and ready for sale within 36 months of receiving a funding reservation.

Utilizing Article XI-Q bond funding as a source for housing development, LIFT requires the state to have an ownership or operational interest in any real property developed. For homeownership opportunities, this means using a shared equity model such as a community land trust, condo, or leasehold property.

OHCS offers funds through Notices of Funding Availability (NOFAs). Applications will be scored against minimum requirements on the following categories:

  • Development Capacity
  • Development Experience
  • Equity and Community Engagement
  • Financial Viability
  • Project Details
  • Stewardship Experience
​

New templates for 2025 projects coming soon.



​


Contact

Jessica MacKinnon
Senior Homeownership Development Program Analyst

Elizabeth A. Thomas
Development Officer

Susie Sandstrom
Development Officer

More Resources
Procorem Websites