Last Week to Apply for Mortgage Payment Assistance for Unemployed Homeowners
Central Oregon- In an effort to continue to prevent foreclosure in Oregon, the Oregon Housing Stabilization Initiative (OHSI) temporarily opened its Mortgage Payment Assistance (MPA-U) program for unemployed homeowners last July. The program is accepting its final applications through Tuesday, October 1. Potentially eligible applicants can submit their online application on OHSI’s website at oregonhomeownerhelp.org/unemployment-support.
The MPA-U program provides a benefit of up to $20,000 in mortgage payments and up to $40,000 to reinstate loans that are in default for eligible applicants.
Basic eligibility requirements include:
- Homeowner must currently be receiving unemployment benefits
- The home is owner-occupied and primary residence
- Homeowner cannot be in active bankruptcy
- Homeowner cannot have previously received MPA benefits
- Income limit 160% SMI (State Medium Income)
OHSI determines eligibility of applicants. Other eligibility requirements may apply.
For more information or instruction on how to apply, please visit www.oregonhomeownerhelp.org/
About NeighborImpact: Since 1985, NeighborImpact has been a leader in developing solutions and bringing resources to Crook, Jefferson, Deschutes County and Confederated Tribes of Warm Springs. The agency offers a diversity of services meeting basic human needs for food and shelter, while enriching people’s lives by providing access to increased education, skills, and hope for the future. NeighborImpact is a private nonprofit organization that receives federal, state and local grants, foundation grants, and donations from individuals and businesses in our community. To learn more about NeighborImpact please visit www.neighborimpact.org.
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