The Oregon Legislature enacted an eviction moratorium and established the Landlord Compensation Fund (HB 4401). The Legislature allocated $200 million in rent assistance to support tenants and landlords, which includes $150 million for the Landlord Compensation Fund. OHCS will be developing program materials in the coming weeks as we prepare to launch the Landlord Compensation Fund.
This program will be launched through an online application portal to streamline the collection of landlord provided data on rent collections. We expect to launch our application in early February, to fund up to $50 million in requests for unpaid rent. Participating landlords must accept 80 cents for every dollar of qualified rent-owed and this first funding round will include rent owed from April 2020 – February 2021.
oregon.gov/ohcs/housing-assistance/Pages/landlord-compensation-fund.aspx
