Oregon receives $3 million in rental assistance funding.
Oregon lawmakers have announced that the U.S. Treasury is providing the state with more than $3 million in rental assistance funding. This funding comes at a crucial time as Oregon is facing a tight rental market and Governor Tina Kotek declared a homeless state of emergency earlier in January. The funding will be split between Oregon Housing and Community Services and the City of Portland. Congressman Earl Blumenauer, Senator Ron Wyden and Senator Jeff Merkley have all worked to make the federal government a better partner with local communities to solve the housing crisis.
The funding will provide a helping hand to Oregonians to make their monthly rent payments. Senator Merkley noted that for many families, the ongoing pandemic has caused loss of income and new, unexpected costs, making it especially hard to keep up with rent.
The funding will help to make housing a reality for Oregonians struggling to make their monthly rental payments. Congressman Blumenauer stated that this funding is a good step forward to help renters in Portland and throughout Oregon. Senator Wyden said that he will continue battling to secure all the federal support needed to help make real gains in battling homelessness and major housing affordability challenges facing communities statewide.
The rental assistance funding from the U.S. Treasury is a welcomed and much needed relief for Oregonians facing a tight rental market and the impacts of the ongoing pandemic. It will help to make housing a reality for those struggling to make their monthly rental payments and provide a helping hand to make this possible.