OHCS News and Notices / News Releases
Media Contact:Alison McIntoshGovernment Relations and Communications LiaisonAlison.Mcintosh@oregon.govDesk: (503) 986-2079Cell: (503) 510-1678
2013 News Releases
Oregon Millennials Among Top in Nation for Volunteering December 16, 2013 (Portland, Ore.) - More of Oregon's Millennials are making a difference in their communities by volunteering; in fact, so many of them are volunteering that Oregon now has one of the nation's highest volunteer rates for their generation.
Home Rescue Program Offers up to $30,000 to Homeowners StatewideAugust 27, 2013 (Salem) - Wednesday, August 28th at noon, a new state foreclosure prevention program aimed at helping homeowners struggling to make their payments will be available. The "Home Rescue Program" provides up to a year of monthly mortgage assistance with a maximum benefit of $20,000. Program participants are also eligible for up to $10,000 to bring their mortgage current, if they are behind.
New Refinance Program for Underwater Homeowners in Multnomah CountyJune 12, 2013 (Salem) - Oregon Housing and Community Services Department (OHCS) and Oregon's Senator Jeff Merkley announced the launch of the Rebuilding American Homeownership Assistance Pilot Program (RAHAPP), which will begin accepting applications online at noon on Wednesday June 12, 2013.
New Legal Assistance Program for Low-Income Households Facing ForeclosureNovember 15, 2012 (Salem) - Low-income homeowners and renters affected by foreclosure now have access to new a statewide service that provides free legal assistance from an attorney to help address urgent foreclosure issues.
Record Low Interest Rate for First-Time HomebuyersNovember 6, 2012 (Salem) - Oregon Housing and Community Services has lowered the interest rate for its first-time homebuyer program, known as the "Oregon Bond" loan, to a record low interest rate of 3.125%. Additionally, the program has lowered the interest rate for its Cash Advantage Home Loan to 3.625%, also a record low. The Cash Advantage loan includes a closing cost grant equal to 3% of the loan amount, and helps first-time homebuyers reduce the total amount of cash needed for their purchase. Both options are for 30-year fixed rate loans, with a combined loan origination and discount fee of 1.75% of the loan amount.
New Foreclosure Prevention Assistance Program Expands StatewideNew program provides up to $20,000 to qualified Oregon homeowners to prevent foreclosureOctober 24 (Salem) - Distressed homeowners throughout Oregon can now apply for up to $20,000 to pay off past-due payments and become current on their mortgage. The Loan Preservation Assistance (LPA) Program was piloted earlier this year in select Oregon counties and is now available statewide. The program aims to help more than 2,000 Oregon homeowners avoid foreclosure by bringing their mortgages current.
Proposed 2013 Annual Action Plan and Community Development Funding DistributionSeptember 25 (Salem) - The State of Oregon, through its agencies: Oregon Housing and Community Services (OHCS); Oregon Health Authority (OHA) and the Oregon Business Development Department (OBDD), is seeking public comment on the proposed 2013 Annual Action Plan (AAP) and the proposed 2013 Community Development Block Grant (CDBG) Method of Distribution (MOD). There will be a public hearing for the Action Plan and Method of Distribution for U.S. Department of Housing and Urban Development Funding (HUD).
Governor's Volunteer Awards to honor Oregon's Outstanding VolunteersSeptember 24 (Salem) - The 2012 Oregon Governor's Volunteer Awards on Friday, Nov. 9 will honor 14 individuals and 12 organizations from throughout the state for their commitment to serving Oregon and its people.
State Expands Foreclosure Prevention ServicesSeptember 19 (Salem) - The Oregon Department of Housing and Community Services (OHCS) has launched a new foreclosure resources website, www.OregonHomeownerSupport.gov. The new website is designed to help distressed homeowners by providing information about existing programs and increasing access to certified foreclosure counselors. Additionally, OHCS has contracted an additional 26 foreclosure counselors at local nonprofit agencies across the state.
Free tax help to help Salem residents boost tax refundsJanuary 24 (Salem) - In recognition of national Earned Income Tax Credit day, the North Mall Office Building will host a visit from One Economy Corporation's "My Free Taxes" van, in partnership with Salem-Keizer Community Development Corporation (SKCDC), on Friday, January 27 from 10 a.m. to 4 p.m.
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