2025 ANNUAL REPORT
Stability Through Affordable Housing
CLT Homebuyers Get a Boost from New Mortgage Product
Community Land Trust (CLT) homes are a powerful way to make homeownership affordable – not just for today’s buyers, but for every generation that follows. Building on this promise, DevNW, Community LendingWorks, Portland Housing Center, and Network for Oregon Affordable Housing joined forces to launch Amplify Oregon, an innovative pilot that began in fall 2025.
Amplify Oregon introduces a breakthrough: a 20-year mortgage designed specifically for CLT buyers, offering a lower interest rate while keeping monthly payments on par with a typical 30-year loan. The result? Families build equity much faster, all while CLT stewardship preserves long-term affordability in our communities.
The pilot will support 50 homebuyers – with five already on the path to ownership – and aims to scale statewide, expanding opportunity for Oregon families for decades to come.
Savings on Interest Payments on a 20-Year Amplify Loan vs. a Traditional 30-Year Loan
Clackamas CLT - first project completed by NBCprovides ten new homes in March 2025.
“I feel like I can finally put down the roots of community-building that I’ve wanted to for years. Homeownership gives me so much more capacity to nurture my community in a way that living in a studio apartment didn’t.” — Annelie H., Amplify homebuyer
Amplify proves that with one smart shift in mortgage design, homes can remain permanently affordable and become an even more powerful engine of generational wealth.
Affordable Rentals
Strong partnerships and a long history operating affordable rental housing create stability.
Community Health Worker and Resident Services Program strengthens the foundation of stability for more than 750 residents across 425 affordable homes in Lane, Linn, Benton and Clackamas Counties.
Our buildings are more than housing; they are places where families and individuals thrive.
Move-in ready rentals support young adult residents in Clackamas County who face homelessness and rental barriers.
296 Individual Development Account graduates.
$1.07M in total matched savings.
76 resident gatherings created opportunities for connection, learning, and belonging.
Resident households cultivated food and community in gardens at nine properties.
Residents in our programs include families, seniors, Veterans, and young adults working to strengthen their economic, social and health opportunities through health navigation, eviction prevention, rent and utility assistance, and connections to vital community resources.
“On-site gardens provide so much food (tomatoes, basil, pumpkins, kale) for the residents to use as they want. The produce is also used for monthly garden-to-table events hosted during the season.”
— Kristin Yates Fronza, Assistant Director for Young Adult Programs
127 Young adults housed in Lane and Clackamas Counties with rent assistance and supportive services.
112 Participants in Youth Financial Foundations.
731 Participants in Youth Asset Building Events.
Homeownership
Stability through affordable housing doesn’t stop at renting – it opens the door to ownership.
In a state where rising home prices, rent burden, and higher interest rates have locked many families out of the market, DevNW delivers the full spectrum of services needed to turn possibility into reality.
Forty-four families who worked with DevNW in 2025 are now building equity, strengthening their financial footing, and investing in their communities, including 30 families who purchased CLT Homes.
Homeownership isn’t just about buying a house – it’s about building assets, strengthening communities, and creating lasting stability for generations to come.
Growth in Down Payment Assistance (DPA) Since 2021
“Owning a home was something that seemed impossible for me. I work in the restaurant industry where income isn’t always steady. DevNW guided me through the process every step of the way.”
Access to homeownership expanded with DevNW counselors helping homebuyers access a record $1.9 million in DPA loans, the largest amount provided in a single year.
55 CLT homes completed in 2025: Milwaukie 10 • Corvallis 11 • Eugene 28 • Blue River 6
— Alberto G., homebuyer client
314 Participants in Financial Education classes and workshops.
149 One-on-one counseling participants.
272 loans including:
167 consumer, 60 credit builder, 21 small business, and 24 affordable housing loans totaling $3,840,555
In 2025, CLW launched its first Affordable Housing Construction Loan - expanding access to critical capital for nonprofit housing developers and advancing stable, long-term housing opportunities for our community.
CLW provides access to capital, credit, and financial products that help develop healthy people and strong communities.
From Our CEO
Every story in this report begins with one simple truth: an affordable home changes everything.
In 2025, amid federal funding uncertainty and shifting public resources, DevNW remained grounded in our mission – building stability and assets through affordable housing. Because when families have a stable place to live, they can save, plan, invest, and begin building assets that strengthen their futures and their communities.
This year, we launched the Amplify Oregon 20-Year Mortgage, helping CLT homeowners build equity faster while preserving long-term affordability. We completed 55 new CLT homes and supported 44 families on their path to ownership, connecting buyers to a record $1.9 million in down payment assistance.
At the same time, more than 750 residents in 425 affordable rental homes strengthened their financial footing through eviction prevention, health navigation, financial education, and communitybuilding programs. Rental stability is often the first step in asset building and long-term security. With the right support, many of today’s renters can become tomorrow’s homebuyers.
Looking ahead, we remain focused on what matters most: ensuring that affordable housing is not only a place to live, but a foundation for generational stability and wealth.
Emily Reiman, CEO
