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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.
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.
State approves housing funds, generating an estimated $844 million
Salem, OR - June 11, 2009 - (RealEstateRama) – Nearly $26 million in combined grants, loans and tax credits to housing developers throughout the state will help fund 435 units of affordable housing, providing hundreds of low-income Oregonians a place to call home.
Number of homeless people rises throughout state
Salem, OR - June 1, 2009 - (RealEstateRama) — Spiraling unemployment and inability to pay rent are behind a dramatic jump in homelessness throughout the state, according to data released this week by Oregon Housing and Community Services (OHCS).
Technical Advisory – Fall 2009 CFC: Preservation
Salem, OR - May 6, 2009 - (RealEstateRama) — The long-awaited federal guidance this week for implementing key elements of the stimulus bill creates the opportunity for Oregon Housing and Community Services to move forcefully ahead with a large spring round of its Consolidated Funding Cycle, now underway.
