Oregon Nonprofit’s Down-Payment Assistance Offered to Noncitizen Homebuyers

Published on August 27, 2024

A Portland-based housing support group, Hacienda Community Development Corporation, has been offering noncitizens up to $30,000 toward the down payment on a home through its Camino a Casa program. Camino a Casa is described as “a loan program [that] helps people achieve the dream of homeownership by removing common entry barriers,” including the need to make a large down payment. It “aims⁢ to help new migrant homebuyers through financial coaching and housing⁢ counseling” as well. It does so using a $692,775 grant from the state of Oregon’s Economic Equity Investment Program (EEIP). Those funds were part of Oregon’s SB 1579, the bill that established the EEIP and provided $15 million for economic programs based partially on race, ethnicity, and citizenship status....