Section 8 - Looking for resources to provide affordable housing.
Looking for resources on rehab loans for a multifamily (8 unit). I am interested in taking very distressed property and rehabing with the intention of renting to section 8 only. 

My questions are:

Are there any subsidized rehab loan programs with low down payment/favorable terms in exchange for providing exclusive section 8 housing?

Are there any other resources/grants to achieve this goal?

Edit: Located in Portland
[{"id": "ihr5zjh", "text": "Check out HUD website for various programs. (HAP, LIHTC, CDBG)\n\nI know owners that do these, however they generally have great connections with the city, lenders, housing authority. From my limited experience, requirements are very rigid in terms of qualification and certainly how the construction/rehab is done.", "replies": [{"id": "ihrqk3a", "text": "Thanks for the reply! I am working on getting in contact with the housing authority, hopefully they have some ideas as well. Currently more focused on feasibility and ability to raise funding for a project.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ihs1g12", "text": "I'm assuming Portland, OR. If so, check out their economic development authority: https://prosperportland.us/portfolio-items/prosper-portland-business-finance-programs/. Ask for a meeting and talk to them about your plans. They will likely know the people to meet. They might suggest learning about local land banks, land trusts, CDCs, etc.\n\nI imagine they may send you to CDFIs in town. Search them up through OFN: https://www.ofn.org/cdfi-locator/.\n\nThe Oregon Community Foundation has done some affordable housing work through the Oregon Impact Fund (if I remember correctly): https://oregoncf.org/.\n\nLast thing would be to find groups doing affordable housing work like the Network for Oregon Affordable Housing (NOAH), not to be confused with Naturally Occurring Affordable Housing (NOAH).", "replies": [{"id": "ihs61i1", "text": "Great information, thank you so much! Yes, located in Portland, OR.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ihspqyf", "text": "Novogradac is great for resources in this area. They have a list of contacts who can help:\n\nhttps://www.novoco.com/services/housing-and-urban-development", "replies": [], "depth": 1}]