Oregon Housing and Community Services Department
Encyclopedia
The Oregon Housing and Community Services Department (OHCS) is the housing finance agency of the government
of the U.S. state
of Oregon
. It administers programs providing financing assistance for single family homes, new construction or rehabilitation of multi-family affordable housing developments, and grants and tax credits to promote affordable housing. Prior to 1991, when the Oregon Legislative Assembly
merged the Housing Agency with State Community Services forming OHCS to eliminate duplicative costs and provide better coordination of related activities, financing and service programs were operated separately.
The state housing agency was established in 1971 to set and administer overall state housing policies. Its scope was expanded in 1973 to include financing assistance for low income family housing through the issuance of tax-exempt bonds.
State government
A state government is the government of a subnational entity in a federal form of government, which shares political power with the federal or national government. A state government may have some level of political autonomy, or be subject to the direct control of the federal government...
of the U.S. state
U.S. state
A U.S. state is any one of the 50 federated states of the United States of America that share sovereignty with the federal government. Because of this shared sovereignty, an American is a citizen both of the federal entity and of his or her state of domicile. Four states use the official title of...
of Oregon
Oregon
Oregon is a state in the Pacific Northwest region of the United States. It is located on the Pacific coast, with Washington to the north, California to the south, Nevada on the southeast and Idaho to the east. The Columbia and Snake rivers delineate much of Oregon's northern and eastern...
. It administers programs providing financing assistance for single family homes, new construction or rehabilitation of multi-family affordable housing developments, and grants and tax credits to promote affordable housing. Prior to 1991, when the Oregon Legislative Assembly
Oregon Legislative Assembly
The Oregon Legislative Assembly is the state legislature for the U.S. state of Oregon. The Legislative Assembly is bicameral, consisting of an upper and lower house: the Senate, whose 30 members are elected to serve four-year terms; and the House of Representatives, with 60 members elected to...
merged the Housing Agency with State Community Services forming OHCS to eliminate duplicative costs and provide better coordination of related activities, financing and service programs were operated separately.
The state housing agency was established in 1971 to set and administer overall state housing policies. Its scope was expanded in 1973 to include financing assistance for low income family housing through the issuance of tax-exempt bonds.
External links
- Oregon Housing and Community Services (official website)