Oregon Housing & Community Services AgendaPacket Housing Stability Council Meeting Materials Packet 2026-06-05
OHCS Capital Package for Green Family Housing Sponsor DCM
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Description
DCM Communities LLC, co-sponsor of the Green Family Housing development in Roseburg, is slated to receive an expanded OHCS capital package combining PSH Development Capital, 9% LIHTC, and $3.3 million in CDBG-Disaster Recovery funds. The financing will support 53 units of long‑term affordable and supportive housing reserved for chronically homeless and wildfire survivor households.
Contract Details
Contract Amount
$11,212,500 PSH Development Capital (approved Nov. 7, 2025); $2,000,000 9% LIHTC (approved Nov. 7, 2025); additional $3,275,868 CDBG-DR (recommended June 5, 2026) – total OHCS support $16,488,368 toward total project cost $30,858,842
Vendor
DCM COMMUNITIES LLC
Agency
Oregon Housing and Community Services, OR
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
Affordability term 60 years
Renewal Date
2086-11-30
Renewal Info
Same funding package as for Adapt Integrated Health Care with a 60‑year affordability obligation; no separate renewal or extension terms are specified for DCM Communities LLC.
Issuing Agency
Oregon Housing and Community Services
State Housing Authority
Salem, OR
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