How do I get a down payment assistance loan in Portland?

The Portland Housing Bureau has partnered with the Minority Homeownership Assistance Collaborative (MHAC), as well as organizations such as PCRI and Hacienda CDC to identify and select eligible households for the Down Payment Assistance Loan program. To get started, contact one of our Down Payment Assistance Loan community partners:

What is the Down Payment Assistance Program (DPA)?

Program funds are awarded to eligible organizations to offer Down Payment Assistance funds to low- to moderate-income households throughout the state. The DPA Program provides closing costs and down payment assistance to eligible First Time and First Generation Homebuyers who are at or below 100% area median income (AMI).

Do you need a down payment to buy a house in Oregon?

If you're eligible for a VA loan (backed by the Department of Veterans Affairs) or a USDA loan (backed by the US Department of Agriculture), you may not need any down payment at all. If you’re a first-time home buyer in Oregon with a 20% down payment, you can get a conventional loan with a low interest rate.