Oregon Housing and Community Services Awards Financial Services Contract to Related Northwest & Centro Cultural (May 2026)
Oregon Housing and Community ServicesState Housing Authority · Salem, OR- Disclosed value
- $32,440,000 LIFT; $3,225,235 annual 4% LIHTC allocation; Up to $41,995,000 conduit bonds
- From agendapacket
- Approved
- May 1, 2026
- Term
- 30 years affordability term
The 30-second brief
OHCS is reserving LIFT funding, 4% LIHTC, and conduit bond authority for Related Northwest & Centro Cultural to build 164 affordable units at Hillside Park Buildings D & E in Milwaukie. The financing structure supports a 30‑year affordability commitment for low‑income households.
Related Northwest & Centro Cultural holds this financial services contract with Oregon Housing and Community Services.
Term as filed: 30 years affordability term.
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Contract details
- Contract type
- Financial Services
- Amount
- $32,440,000 LIFT; $3,225,235 annual 4% LIHTC allocation; Up to $41,995,000 conduit bonds
- Document date
- May 1, 2026
- Term
- 30 years affordability term
- Vendor
- Related Northwest & Centro Cultural
- Source document
- Oregon Housing and Community Services Housing Stability Council Meeting Agenda Packet May 2026 (AgendaPacket)
Related Northwest & Centro Cultural's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Oregon Housing and Community Services?
Related Northwest & Centro Cultural was awarded this financial services contract by Oregon Housing and Community Services, as recorded on May 1, 2026. The contract value is $32,440,000 LIFT; $3,225,235 annual 4% LIHTC allocation; Up to $41,995,000 conduit bonds.
How much is the Related Northwest & Centro Cultural contract with Oregon Housing and Community Services worth?
The Related Northwest & Centro Cultural contract with Oregon Housing and Community Services is valued at $32,440,000 LIFT; $3,225,235 annual 4% LIHTC allocation; Up to $41,995,000 conduit bonds, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Oregon Housing and Community Services Housing Stability Council Meeting Agenda Packet May 2026 (AgendaPacket), dated May 1, 2026 from Oregon Housing and Community Services. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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