Loan Programs

Owner-Occupied Housing Rehabilitation Loans
The Owner-Occupied Rehab Program assists income eligible residents of Cumberland County, who own one to four unit buildings, finance home improvements. The property must be occupied by the owner as their principal residence. Eligible repairs include health and safety issues, lead paint hazards, energy conservation improvements, and other non-luxury building improvements.

Multi-Family Housing Rehabilitation Loans

This program is designed to provide low interest loans for owners to repair multifamily buildings in the City of Portland. Owners who choose to participate in this program agree to rent and tenant income restrictions for a period of time determined by the amount of funds invested in the project.

Portland Lead-Safe Housing Program

The Lead-Safe Housing Program is designed to diminish the risk of poisoning to children less than six years of age. Loans are available both in rental and owner occupied housing where low to moderate income families reside. Priority is given to families with a lead poisoned child and those with a child at risk. 

2017 Supplemental HOME Funds

The City of Portland recently released a Supplemental HOME Funds Application. These funds are specifically targeting rehabilitation projects that can use these federal funds in the near future. Both large and small rental property owners should consider applying for funding residential rehabilitation projects. The allocation and use of funds will come with certain income and rent restrictions for tenants as further outlined within the application. Successful applicants may also be eligible to utilize additional funding through Portland's Lead Safe Housing program. Additional information and the application can be accessed by following the link below: