Housing Loans and Grants

The City of Salem provides direct financial assistance to meet qualified persons with their housing needs through the following programs:

• First Time Homebuyer Assistance Program
• Home Rehabilitation Program
• Critical Home Repair Program

For more information or to request an application, please contact staff at 503.588.6178. 

First Time Homebuyer Assistance
The First Time Homebuyer Assistance Program is designed to assist low to moderate-income individuals and families in overcoming the biggest barriers to  homeownership: downpayment costs, closing costs, and loan fees.  The City of Salem's Urban Development Department provides up to $14,000 towards the purchase of a home. 

Loan terms and minimum requirements
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Home Rehabilitation 
The Home Rehabilitation program is designed to assist low to moderate-income individuals and families.  To ensure that Salem’s homes are comfortable and safe, the Home Rehabilitation Program provides up to $30,000 for eligible repairs, as listed below, and up to $10,000 to mitigate lead-based paint hazards. 

Critical Repair  
The City of Salem’s Critical Repair Program is intended to assist low to moderate-income homeowners with financing necessary to make critical and immediately needed repairs to their homes.  The program provides homeowners up to $10,000 to make approved essential repairs and helps to preserve the City’s housing stock.  Eligible improvements include: