City of Portland · Deferred 0% loan

Portland Housing Bureau DPA

$100,000

Up to $80,000 ($100K in targeted areas). 0% interest, no payments, 30-year deferred second mortgage.

The City of Portland offers its own DPA program providing $80,000-$100,000 in assistance for buyers purchasing within city limits. This city-level supplement is among the largest in the country, reflecting Portland's extreme affordability challenges.

Portland's median home price exceeds $500,000, and the city has experienced a housing crisis driven by population growth, limited supply, and geographic constraints. The $80-100K DPA helps long-term Portland residents purchase in a market that has increasingly favored higher-income buyers and investors.

Amount$100,000
TypeDeferred 0% loan
Available inOregon
First-time buyer requiredYes
Minimum credit score620
Multi-unit eligibleSingle-family only

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down
Federal · Subsidized loan
VA Loan $0 down + no monthly mortgage insurance
Federal · Federal benefit
NACA Program $0 down + $0 closing + $0 PMI + below-market rate
National · Nonprofit program
OHCS Down Payment Assistance $60,000
Oregon · Grant / Forgivable
OHCS Flex Lending FirstHome 4-5% DPA — forgivable if under 80% AMI
Oregon · Forgivable loan
OHCS Flex Lending NextStep 4-5% DPA — repeat buyers welcome
Oregon · DPA program
All Oregon programs →

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