Building Hope Fund
Financing to Build Attainable Homes in Oregon
Oregon is facing one of the most severe housing shortages in its history, leaving families in rural and urban communities struggling to find homes they can afford. The Building Hope Fund is designed to kickstart housing projects that are ready to be built but stalled due to a lack of financing. By providing flexible loans and strategic grants, the fund helps unlock construction and move projects forward quickly.
Our initial focus is on housing for middle-income Oregonians who are increasingly priced out of the market, including teachers, nurses, tradespeople, restaurant workers, small business owners and others who keep our communities running.
A chronic shortage
Too few housing units are in the pipeline, driving up costs and putting stable housing out of reach for thousands of families. Even when developers have projects ready to go, construction is often delayed because the final pieces of financing aren’t in place.
Oregon Community Foundation: A Proven Record
Oregon Community Foundation has a track record of using capital charitably and creatively to change lives.
Project Turnkey

In 2020 state leaders partnered with OCF to rapidly deploy $125 million to convert 32 sites into shelter and transitional housing, expanding shelter capacity by 30% with lasting benefits.
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Oregon Impact Fund

OCF’s $33 million Oregon Impact Fund lends to nonprofits, tribal enterprises and for‑profit social ventures for affordable housing, education, health care access, natural resource management and job creation in Oregon.
Learn MoreYour gift to the Building Hope Fund multiplies impact
Oregon Community Foundation has committed $100 million in seed funding to launch the Building Hope Fund. But lasting, statewide impact depends on additional support from investors, partners and donors.
Your support helps:
- Unlock stalled, shovel-ready housing projects
- Increase the supply of attainable housing statewide
- Support working families and strengthen communities
How to support the Building Hope Fund
- To explore investment and partnership opportunities, email info@oregoncf.org.
- If you have a donor advised fund and would like to support the Building Hope Fund, please contact your donor relations officer.
- If you're new to OCF, our philanthropic advisors can help you make the most of your giving.
- Make a credit card gift online.