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Oregon experts anticipate flood of evictions when the pandemic rent moratorium ends - Vimarsana News

Oregon experts anticipate flood of evictions when the pandemic rent moratorium ends

Oregonian renters unable to pay rent were granted a moratorium starting late March, about a month after the first COVID-19 case was found in the state and many lost their jobs. Each time the moratorium neared its end, it was extended with mere days to spare. However, the latest moratorium legislation set a due date. Renters have until July 1 to pay back what’s owed. Housing activists and landlords alike wonder how many renters will have the money by July, considering little has altered the conditions that called for a moratorium to begin with. Some experts and advocates are predicting a m...

Oregon landlords whose tenants are behind on rent can now apply for relief - Vimarsana News

Oregon landlords whose tenants are behind on rent can now apply for relief

Oregon landlords whose tenants are behind on rent can now apply for relief Updated Feb 19, 2021; Posted Feb 18, 2021 A sign advertises apartments for rent in North Portland. LC- Elliot Njus/The OregonianLC- Elliot Njus/The Oregonian Facebook Share Landlords in Oregon whose tenants have fallen behind on rent during the coronavirus pandemic can now apply for relief from the state. Applications for Oregon’s new landlord compensation fund opened Wednesday, nearly two months after state lawmakers allocated $150 million to seed the program. Landlords can apply for relief to cover 80% of the ren...

PSU and FUMC partner to open student shelter - Vimarsana News

PSU and FUMC partner to open student shelter

PSU and FUMC partner to open student shelter     Tara is a PSU graduate in mechanical engineering who was interviewed by the HRAC about her experience as a houseless student. “I would talk to you about interning at NASA and winning first place in the engineering research expo,” she said. “But I would never tell you that I owned a used Subaru and I lived in a tent.”    As a new response to this problem, PSU has partnered with First United Methodist Church (FUMC) to create the PSU Landing at FUMC, a shelter for PSU students facing houselessness or extreme housing insecurity. While P...

Pamplin Media Group - PSU: 90,000 Oregon COVID evictions loom, at $3 billion cost - Vimarsana News

Pamplin Media Group - PSU: 90,000 Oregon COVID evictions loom, at $3 billion cost

Bates' analysis of U.S. Census pulse data suggests some 89,000 families statewide owe back rent. An earlier PSU survey of 460 Oregonians extrapolated that more than a third of Oregon's renters — and more than half of renters of color — have skipped rent checks. That money is coming due fast. While state lawmakers approved a new moratorium on evictions for nonpayment of rent in December, the partial ban ends June 30. Repayment is legally required by July 1. Plugging that hole in landlords' wallets could cost as much as $378 million, per a September report by financial advisory firm Sto...

Editorial: Real estate boom a mixed blessing for mid-valley - Vimarsana News

Editorial: Real estate boom a mixed blessing for mid-valley

The mid-valley’s red hot real estate market is a great thing for homeowners but creates some real challenges for people looking to buy their first house — and it could be a sign of even bigger issues for our region down the road. It’s a trend that’s been happening for some time as the market rebounded from the real estate crash of 2008. Since 2015, when values had bounced back to pre-crash levels, average sales prices have climbed an additional 61% in Linn County and 38% in Benton, according to Willamette Valley Multiple Listing Service data. House Democrats were using ...