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Oregon Rural Rehabilitation (ORR) Loan Program
Sandy Vista Apartments financed through the Oregon Rural Rehabilitation (ORR) Loan Program
Multifamily Loans  / ORR Loan Program
The Oregon Rural Rehabilitation (ORR) Loan Program is exclusively for farmworker housing. The program was originally funded with a transfer of funds from the Oregon Division of State Lands. (The original funds were provided through the Secretary of Agriculture and designed to carry out the Bankhead-Jones Farm Tenant Act for the purpose of developing and/or preserving farmworker housing). The maximum loan is $100,000 or 35 percent of project costs for a maximum term of 10 years. The interest rate is one percent to nonprofits and three percent to for-profit borrowers.
PDF file Program Factsheet 
 
   Loan Application
 
For More Information:
Becky Baxter, Loan Closer
Ph: 503.986.2074 | E-Mail
Looking to develop affordable housing in your area?
Contact a Regional Advisor 
Ph: 503.986.2000
Related Resources:
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PDF file Housing Finance Section Factsheet
Microsoft Word file List of Approved Market Analysts
News about Funded Multifamily Rental Housing
Grants and Tax Credits Programs                                            

 
Page updated: July 31, 2008

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