Archives
Four Oregon organizations win housing counseling grants
PORTLAND, OR - October 14, 2009 - (RealEstateRama) -- Oregon families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $191,424 in housing counseling grants announced today by the U.S. Department of Housing and Urban Development
State revokes mortgage broker license
Salem, OR - October 13, 2009 - (RealEstateRama) -- In its ongoing effort to protect consumers from mortgage lending fraud, the Oregon Department of Consumer and Business Services (DCBS) has revoked the license of Tigard-based Pacific Rim Mortgage, Inc. and issued a cease-and-desist order against its owner, Victoria Bigham.
House Unanimously Passes Blumenauer Provision, Extends Homebuyer Credit to Americans Serving Abroad
Washington, DC - October 8, 2009 - (RealEstateRama) -- The House today passed the Service Members Home Ownership Tax Act of 2009, H.R. 3590, which includes a Blumenauer provision that allows members of the armed services, Foreign Service, and intelligence community to take full advantage of the 2009 First Time Homebuyer Tax Credit.
Recovery Act reservations totaling $28.6 million approved for low-income housing
Salem, OR - September 30, 2009 - (RealEstateRama) -- Governor Ted Kulongoski announced reservations totaling $28.6 million in federal Recovery Act dollars that will reinvigorate and aid completion of 17 low-income housing projects in Oregon.
Housing Authority of Portland Receives $3.3 Million in Recovery Act Funds to Help Finance...
PORTLAND, OR - September 30, 2009 - (RealEstateRama) -- The Housing Authority of Portland (HAP) has been awarded $3,278,370 in competitive American Recovery and Reinvestment Act funding from the U.S. Department of Housing and Urban Development (HUD).
HUD Awards $5.4 Million in Recovery Funds to Portland, Vancouver & King County Housing...
WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- U.S. Department of Housing and Urban Development Secretary Shaun Donovan today competitively awarded a total of $5,397,130 in Recovery Act funds to permit the Portland, Vancouver and King County housing authorities to make improvements that address the needs of seniors and persons with disabilities.
Oregon homeowners facing foreclosure have new rights
Salem, OR - September 28, 2009 - (RealEstateRama) -- Today a new law takes effect that strengthens the rights of Oregon homeowners who face foreclosure to help more families stay in their home during this difficult economic climate.
Home Affordable Modification Program not Meeting Needs of Families Facing Foreclosure
Washington, DC - September 23, 2009 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley urged Treasury Secretary Timothy Geithner and Housing and Urban Development Secretary Shaun Donovan Wednesday to implement several improvements to the Home Affordable Modification Program (HAMP) to make mortgage modifications simpler and speedier for borrowers and counselors.
Recovery Act awards address low-income housing tax credit financing gaps
Salem, OR - September 2, 2009 - (RealEstateRama) -- Governor Ted Kulongoski announced awards totaling close to $19 million in American Recovery and Reinvestment Act (Recovery Act) funds that will aid the completion of seven low-income housing projects.
Federal funding helps address foreclosure blightwith affordable housing
Salem, OR - August 27, 2009 - (RealEstateRama) -- Governor Ted Kulongoski announced today that Oregon Housing and Community Services has awarded $4 million to nonprofit housing entities to purchase and rehabilitate foreclosed properties.
HUD Awards $18.4 Million for Native American Housing
WASHINGTON, DC - July 28, 2009 - (RealEstateRama) -- U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced today that HUD is awarding competitive grants totaling $18,399,323 to 10 tribes, Alaskan native villages and tribal organizations in Alaska, Idaho, Oregon and Washington to improve housing and stimulate community development.
Oregon Receives Almost $15 Million in Recovery Act Homeless & Rapid Re-Housing Funds
PORTLAND, OR - July 9, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $14,977,177 to six grantees in Oregon to rapidly re-house families who fall into homelessness, or prevent them from becoming homeless in the first place.
Tax credits available for farmworker housing
Salem, OR - July 8, 2009 - (RealEstateRama) – Oregon Housing and Community Services (OHCS) today announced a continuing funding opportunity for farmworker housing.
State Issues Orders against Mortgage Brokers, Loan Originators
Salem, OR - July 7, 2009 - (RealEstateRama) – The Department of Consumer and Business Services (DCBS) issued cease-and-desist orders against two mortgage brokers and two loan originators in four recent cases
Oregon’s $27.3 million Tax Credit Assistance Plan approved
Salem, OR - June 30, 2009 - (RealEstateRama) – The U.S. Department of Housing and Urban Development (HUD) today approved Oregon’s Tax Credit Assistance Program (TCAP) application, awarding $27.3 million in federal funds to strengthen affordable housing projects throughout the state.
