Construction Loan Guarantee (CLG) Program
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Single-family homes
- Manufactured home communities
- Multifamily rentals
Overview
Funder: Oregon Housing and Community Services (OHCS) and Network for Oregon Affordable Housing (NOAH)
Geographic Scope: Oregon
The CLG Program decreases risk to lenders, making it easier for developers to access construction loans to build affordable homes for people with low to moderate incomes, serving households up to 120% of area median income. By providing lenders with extra financial security up front, CLG decreases their risk of loss and increases their ability to make loans to projects.
Eligible Project Types
- Single-family homes
- Manufactured home communities
- Multifamily rentals
Background
- In 2023, the Oregon Legislature allocated $20 million to OHCS to establish a construction loan guarantee fund and program
- Following a request for proposals (RFP) process, OHCS awarded the funding to NOAH to administer the program
Contact Information
Ann Remmers, NOAH Deputy Director, Director of Lending
- Email: annr@noah-housing.org
Additional Resources
- Visit the NOAH CLG webpage for more program details and application instructions
How to Apply
How to Apply
Visit the NOAH CLG webpage for program details and application instructions.
Contact for Questions:
Ann Remmers, NOAH Deputy Director, Director of Lending
Email: annr@noah-housing.org
What Housing Oregon actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 1
- Total given
- $12K
- Median grant
- $12K
- By dollars: Oregon 100%. Top recipient cities: Portland, OR.
Example grants
Neighborhood Partnerships · Portland, OR
$12K
Focus Areas & Funding Uses
Fields of Work
- Affordable housing
- Housing
Categories
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