© 2024 KLCC

KLCC
136 W 8th Ave
Eugene OR 97401
541-463-6000
klcc@klcc.org

Contact Us

FCC Applications
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

"Home Rescue" Program Aims to Help Financially Stressed Homeowners

oregonhomeownerhelp.org

Oregon homeowners struggling to make their mortgage payments may qualify for assistance from a state program. 

The money comes from the U.S. Treasury's Hardest Hit Fund. Oregon is one of 18 states to receive money for foreclosure prevention – about $314 million since 2010.

Since then, the state has provided assistance to more than 12,000 Oregonians.

The latest iteration launched last Wednesday. Within the first hour, 100 Oregonians had already applied to the Home Rescue program.

Mike Boyer is spokesman for Oregon Housing and Community Services.

BOYER: "They can receive up to one year of mortgage payments with a maximum benefit of $20,000. Also, they may be eligible for a reinstatement benefit to bring their mortgage current and that is a maximum benefit of $15,000."

So far, Boyer says 343 Oregonians have applied for foreclosure assistance.

Born and raised in Eugene, Anni started at KLCC in 2000 as a reporter and co-host of Northwest Passage. After graduating from the University of Oregon, Anni moved to New York City. She worked in education for several years before returning to her true love, journalism. Anni co-founded and co-hosted Dailysonic, a narrative-based news podcast. She interned at WNYC's On The Media, then becoming WNYC's assistant producer of Morning Edition.