Oregon Housing and Community Services (OHCS) just launched its Permanent Loan Program, a new and improved financing tool designed to help affordable housing developments move from construction to completion. By offering competitive, fixed-rate loans, the program fills a critical financing gap, helping developers advance affordable housing projects more efficiently and deliver more homes across Oregon faster. “This principle is at the heart of gap financing and applies broadly across affordable housing development and asset management.” With fixed interest rates lower than comparable private alternatives, the permanent loan program lowers financing costs and boosts project feasibility. Watch this video to see how Oregon is meeting this moment by increasing access to affordable housing through programs including the Permanent Loan Program.