We offer a variety of services and programs to help individuals and families with housing issues.
Select from the options below to learn more.

Down Payment/Closing Cost Assistance
Helping home buyers who meet the following eligibility requirements*:
  • First Time Homebuyer
  • Complete Homebuyer Education
  • Complete Financial Education
  • Able to qualify for a standard mortgage loan
  •  Participate in Homebuyer Counseling
  • Income limit, 100% of Area Median Income (see examples below)
“CAPECO’s first time homeowner’s down payment grant program gave my family the opportunity to own our home. My husband and I enjoyed taking the free classes that are offered as part of the program. We learned valuable information about budgeting, saving and homeownership. The staff were knowledgeable and helpful, assisting us every step of the way. Thank you CAPECO!”  -Jose and Abigail Baca
Examples for a family of four
Annual Gross Income
  • Umatilla County, $77,600
  • Gilliam County, $76,000
  • Morrow County, $76,000
  • Wheeler County, $76,000
*There may be additional eligibility requirements not explicitly outlined here. Prospective buyers are encouraged to use the button above to contact us with questions.
Oregon Flex Lending
Looking for help to become a homeowner but not sure where to start? Oregon Housing and Community Services (OHCS) helps low- to moderate-income individuals and families make homeownership affordable with competitive mortgages, which include the Oregon Bond Residential Loan program and our newest program, the Flex Lending program.

Many potential homebuyers can afford monthly mortgage payments but find it challenging to save enough money for a down payment. OHCS’ lending programs are designed to help homebuyers purchase a home.

OHCS wants you to become a successful homeowner and has partnered with homeownership centers around the state to guide you through the homebuying process and provide support after your purchase.

Get started:
  1. Verify your eligibility with a participating lender that can be found at https://www.oregon.gov/ohcs/homeownership/Pages/flex-lending.aspx
  2. Find a homebuyer education class in your area at https://www.oregon.gov/ohcs/homeownership/pages/homebuyer-education.aspx
  3. Work with a realtor to find an affordable home that fits your needs.
  4. Make an offer!
  5. Work with your lender to complete the loan process.
  6. Move into your new home!

Oregon Flex Lending Program
Last updated: 3/29/23