Housing Infrastructure Financing Program (HIFP)

About this funding opportunity

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Page Navigation Housing Infrastructure Financing Program (HIFP)

House Bill 3031 (2025) created the Housing Infrastructure Financing Program (HIFP) and directed the Oregon Infrastructure Finance Authority (IFA), which resides within Business Oregon, to administer the program.

The purpose of HIFP is to provide grants, loans and forgivable loans to entities for water, wastewater, stormwater and/or transportation infrastructure for a specified proposed housing development. Initial funding for the program was $10 million in lottery bonds. _The bond sale is anticipated to occur in May 2026._

Contact

Becky Baxter Housing Infrastructure Program & Policy Coordinator 503-931-4403

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Topic areas: Public Policy and Governance, Smart Cities, Social Innovation and Community Development, Housing and Community Development.

Funding amount

This grant provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Housing Infrastructure Financing Program (HIFP) is administered by Business Oregon (Oregon Business Development Department) (Business Oregon), listed via Business Oregon (Oregon Business Development Department).