Mortgage Assistance Program Now Open to Unemployed Oregonians

Mortgage Assistance Program Now Open to Unemployed Oregonians

On March 7, 2012 Benton County residents may apply for the Mortgage Payment Assistance Unemployment Program. The program is administered by Oregon Housing and Community Services and can provide up to one year of mortgage payment assistance or $20,000, whichever comes first, to approved homeowners.

The program is available to homeowners that are receiving Unemployment Insurance to help them avoid foreclosure while they seek work. OHCS expects to serve approximately 3,000 homeowners with the program.

Homeowners can start the process with the program’s online application at Local agencies, such as Willamette Neighborhood Housing Services, will process applications and support participants throughout the program.

“We are very happy to be a part of helping our unemployed neighbors,” said Brigetta Olson, Deputy Director of Willamette Neighborhood Housing Services. “Mortgage payment assistance will allow people to focus on getting a job without the added anxiety of making a monthly mortgage payment.”

Homeowners can apply for the program online, during two-week application cycles. The program website provides helpful information about application cycles, including a how-to video that answers the most common questions about the program.

A first round of the state’s mortgage assistance program has provided more than $40 million in benefits on behalf of more than 4,000 Oregon homeowners.

Homeowners without Internet access can visit their local WorkSource Oregon Center at 545 SW 2nd Ave. (corner of Western and 2nd) for computer and printer use or WNHS’ office at 257 SW Madison, Corvallis, OR. Prospective applicants can also call OHCS at 503.986.2025 for application support.