Portland Grant Program
Portland Home Purchase Assistance Program
The Portland Housing Bureau (PHB) Home Purchase Assistance Program (HPAP) allows approved mortgage lenders the ability to offer home buyers financial assistance that can be used for down payment, closing costs, and prepaid mortgage insurance in exchange for charging an increased interest rate on their 30-year mortgage.
- Eligible Area: The City and jurisdiction of Portland only - this includes parts of Multnomah, Clackamas and Washington CountiesEligible Properties:
- Single family
- 1 unit primary residence
- Townhomes
- PUDs
- Agency approved Condos
- ADUs
- Ineligible Properties:
- 2-4 units
- Manufactured Housing
- 203k
- Assistance is up to 7% of the 1st lien loan amount, rounded down to the nearest dollar. There is no dollar cap
- Can be applied to down-payment and closing costs (depending on program)
- Income Cap: $113,960
- The program only considers the income of the borrowers. It excludes the income of household members that are not on the loan.
If you want to dive deeper into the program, here is a link to the city website that breaks down FAQ’s for the program: https://www.portlandoregon.gov/phb/article/686721 LINKS TO THEIR DOMAIN ARE NOT ALLOWED.

If you want to dive deeper into the program or have any questions regarding this program, I are happy to jump on a call to walk you through it!
Contact Adnan Khaki at 503-746-3300 or akhaki@fairwaymc.com
Adnan Khaki and Fairway Independent Mortgage Corporation are not affiliated with The Portland Housing Bureau.