Merkley Bill Would Help Homeowners Refinance, Rebuild Equity

Washington, DC - May 28, 2012 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley introduced the Rebuilding Equity Act, a bill that will lower costs for some homeowners seeking to refinance through the Home Affordable Refinance Program (HARP). Under this bill, if homeowners who are current on their mortgage seek to refinance into a 20-year loan term or shorter, Fannie Mae or Freddie Mac will cover the closing costs, a benefit averaging $3,000 per homeowner. In addition, families will benefit from substantially lower interest payments due to today’s record-low interest rates

Historically Low Interest Rates Means Portland Real Estate is More Affordable For First Time...

PORTLAND, OR - February 7, 2012 - (RealEstateRama) -- Continued easing from the Federal Reserve is driving historically low interest rates for Portland OR real estate buyers says local REALTOR® David Somerville.

KTGY-designed $29 Million Mixed-use Senior Housing Development Planned in Downtown Portland

IRVINE, CA - August 15, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that it is providing architectural design services for a new $29 million pedestrian-oriented 132-unit mixed-use senior housing community situated near downtown Portland, Oregon. Developed by the Foursquare Foundation, the city approved entitlements for the project in March 2011. The project is slated to commence construction in the spring of 2012 and be completed in approximately 18 months.

Merkley: We Must Act Now to Stop Falling Home Prices

PORTLAND, OR - June 2, 2011 - (RealEstateRama) -- Oregon's Senator Jeff Merkley issued the following statement on news that home prices have fallen to their lowest level since the collapse of the housing market


WASHINGTON, DC - December 7, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to the Coquille Valley Hospital District in Coquille, Oregon. The $22 million loan is made possible through the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.

Merkley Celebrates Grand Opening of New Affordable Housing Building in Eugene

Eugene, OR - November 9, 2010 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley helped celebrate the grand opening of the Donald L. Lamb Building, a mixed used complex with commercial space and 35 affordable housing units. The Donald L. Lamb Building is a St. Vincent de Paul affordable housing project that includes four units dedicated to helping homeless veterans find a home

Wyden, Merkley Announce Nearly $2 Million to Build Addition to Vets Home

Washington, D.C. - October 21, 2010 - (RealEstateRama) -- Continuing efforts to improve the quality of life for Oregon veterans, U.S. Senators Ron Wyden (D-Ore.) and Jeff Merkley (D-Ore.) announced that the State Veterans Home in The Dalles will receive a $1.9 million Federal grant to construct an addition to the facility. The veterans home currently operates without a common room that can accommodate all of the residents, and the federal grant will be put toward constructing a facility to accommodate large gatherings of residents and their family members.


Los Angeles, CA - October 7, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc (CBRE) today announced that Oregon Health & Science University (OHSU), a leading academic health center and research institution, has renewed its agreement with CBRE to provide comprehensive real estate services for OHSU‟s Center for Health & Healing. The multi-year contract renewal encompasses facilities and project management services, and lease administration for the distinguished 400,000 sq. ft. facility connected to OHSU‟s hospitals, university, and research facilities in Portland, Oregon

Housing Authority of Portland Invites Community to Planning Sessions for Hillsdale Terrace Redevelopment

PORTLAND, OR - September 14, 2010 - (RealEstateRama) -- The Housing Authority of Portland is holding four community meetings in preparation for submitting an application for federal HOPE VI funds to redevelop its Hillsdale Terrace public housing community in southwest Portland.

Oregon Housing Agency Submits $88 million funding proposal to U.S. Treasury

Salem, OR - June 1, 2010 - (RealEstateRama) -- Oregon Housing and Community Services (OHCS) submitted a proposal for review to U.S. Treasury today that outlines its plan for disbursing $88 million in foreclosure assistance funds

Public has opportunity to learn about and discuss fair housing forums scheduled for Tillamook,...

Salem, OR - April 20, 2010 - (RealEstateRama) -- Residents of communities across Oregon can share their perspectives on local barriers to fair housing at a series of forums in late April and early May.

Merkley: Oregon to Receive $88 Million for Programs Tailored to Assist Families Facing Foreclosure

Washington, D.C. - March 29, 2010 - (RealEstateRama) -- The U.S. Treasury Department announced Monday that Oregon will be eligible for $88 million to help families living in areas that have been hit hardest by the housing crisis to stay in their homes.

Merkley Applauds Creation of Office of Sustainable Housing and Communities

Portland, OR. - February 4, 2010 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley joined HUD Secretary Shaun Donovan, Rep. Earl Blumenauer (D- Ore.) and Governor Ted Kulongoski via video today to announce the creation of the Office of Sustainable Housing and Communities within HUD.

Lee Moore Elected Housing Authority of Portland Board Chair

PORTLAND, Ore. - January 25, 2010 - (RealEstateRama) -- Lee Moore has been elected chair of the Housing Authority of Portland’s (HAP’s) Board of Commissioners for 2010, and Brian Lessler and Amie Pico have been appointed to the nine-member citizen commission.

State housing projects get funding boost

Salem, OR - December 15, 2009 - (RealEstateRama) -- The State Housing Council approved additional funding to housing developers throughout the state, boosting the number of affordable housing units statewide.


Oregon Man Pleads Guilty to Threatening Vietnamese Neighbors and Interfering with...

John Blayne Vangastel, 37, of Klamath Falls, Oregon, pleaded guilty today in the District of Oregon to one count of using threats of force to injure, intimidate and interfere with his neighbors in the enjoyment of their housing rights because they are a family of Vietnamese descent.



New Coalition Formed to Advance Zero Energy Buildings in Oregon

A group of Oregon-based organizations is announcing the formation of a coalition to advance the rapid adoption of zero energy building standards in the state of Oregon. A zero energy home or commercial building generates as much energy as it consumes over the course of a year through renewable resources. The founding members of the Oregon Zero Energy Buildings Coalition are Earth Advantage, Climate Solutions, New Buildings Institute, NW Energy Coalition, International Living Future Institute, and the Zero Energy Project.