News
Green Affordable Housing Coalition Launches Website
The Green Affordable Housing Coalition, a network of national and local groups advocating for the development and preservation of green affordable housing, recently launched a website that provides the latest news on policy initiatives, events, industry resources, and coalition members’ efforts. Click here for more information.
— Posted on 9/27/2011
OHCS Conference October 24 & 25
Oregon Housing and Community Services (OHCS) will hold its 2011 conference, Better Together: The Power of Partnerships, on October 24 and 25 at the Salem Conference Center. Workshops will include an update on OHCS’ efforts to keep Preservation a top priority and a variety of topics related to green design/retrofitting and weatherization. Early registration rates are available until Friday, September 23. Click here to register and here for more detailed conference information.
UPDATE: OHCS extended early registration until Friday, September 30.
— Posted on 9/09/2011
2011 CFC Funds Awarded to Nine Preservation Projects
On August 19, Oregon Housing and Community Services (OHCS) finalized its 2011 Consolidated Funding Cycle (CFC) awards, receiving clearance from the Housing Council for projects with allocation amounts that triggered a mandatory approval process. Preservation projects, accounting for nine of the 24 projects funded through this CFC, received support via seven programs: Housing Preservation Fund (HPF), Housing Development Grant (Trust Fund), Low Income Housing Tax Credit (LIHTC), Oregon Affordable Housing Tax Credit (OAHTC), Low Income Weatherization Program (LIWP), General Housing Account Program (GHAP), and HOME. Only one Preservation project that applied failed to receive an award and the funded projects include:
• Cedar Park Gardens, 20 units in Sandy
• Crestview Court Apartments, 48 units in Beaverton
• Duck Country Apartments, 76 units in Sherwood, Dundee, and Wilsonville (combining Dunhill Apartments, Linnwood Apartments, and Wilsonville Heights)
• Jefferson Court Apartments, 26 units in Madras
• Maples II Apartments, 21 units in Hillsboro
• Norseman Village Apartments, 43 units in Junction City
• Spencer House Apartments, 48 units in Spencer House
• Strawberry Village, 10 units in Prairie City
• Timber Grove Apartments, 72 units in Estacada and Sandy (combining Estacada Village Apartments and Firwood Village Apartments)
Northwest Real Estate Capital Corporation used Oregon Housing Acquisition Funds in 2010 to acquire Crestview Court Apartments. Both Maples II Apartments and Spencer House Apartments received Green Pilot Program grants through the Oregon Housing Preservation Project to help upgrade energy efficiency during the rehabilitations.
More information on CFC allocation amounts and project types is available here.
— Posted on 9/09/2011