{"id":5646,"date":"2016-02-19T18:37:00","date_gmt":"2016-02-19T23:37:00","guid":{"rendered":"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/"},"modified":"2023-07-24T11:09:46","modified_gmt":"2023-07-24T15:09:46","slug":"merkley-announces-36-million-in-housing-funds-for-state-of-oregon","status":"publish","type":"post","link":"https:\/\/www.merkley.senate.gov\/es\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/","title":{"rendered":"Merkley anuncia $36 millones en fondos de vivienda para el estado de Oreg\u00f3n"},"content":{"rendered":"<p class=\"p1\"><b>Portland, Oreg\u00f3n<\/b>. &#8212; Today, Oregon&#8217;s Senator Jeff Merkley announced that Oregon would receive over $36 million from the U.S. Department of Treasury to assist homeowners struggling to avoid foreclosure. &nbsp;Today&rsquo;s announcement from the Treasury Department includes an opportunity for the state of Oregon to apply for an additional $110 million to address housing needs in the state. Senator Merkley has been instrumental in advocating for additional funding to address the foreclosure crisis that has rocked Oregon since the Great Recession and called on the Treasury Department to release this funding.&nbsp;<\/p>\n<blockquote>\n<p class=\"p1\">&ldquo;Homeownership is the greatest wealth-building tool the middle class has ever known<span class=\"s1\">,<\/span> but too many Oregonians are still struggling with underwater mortgages and high<span class=\"s1\"> <\/span>interest rates and are on the brink of foreclosure,&rdquo; said Merkley. &ldquo;This funding will help many Oregonians stay in their homes and get back on track to the American Dream.&rdquo;&nbsp;<\/p>\n<\/blockquote>\n<p class=\"p1\">The announcement today from the Treasury Department comes from their authority to obligate up to $2 billion in additional Troubled Asset Relief Program (TARP) funds to the Hardest Hit Fund (HHF) program. The additional investment in HHF will enable participating states to continue assisting struggling homeowners and stabilizing neighborhoods in many of the nation&rsquo;s hardest hit communities. The fifth round of HHF funding will be allocated among participating states in two phases of $1 billion each.<\/p>\n<p class=\"p1\">The first phase will allocate $1 billion using a formula based on state population and the state&rsquo;s utilization of their HHF allocation to date. The second phase will utilize an application process open to all participating states. This phase will allow Treasury to focus additional resources on states that have significant ongoing foreclosure prevention and neighborhood stabilization needs, a proven track record in utilizing funds, and successful program models to address those needs.&nbsp;<\/p>\n<p class=\"p1\">El Senador Merkley trabaj\u00f3 en estrecha colaboraci\u00f3n con los Servicios Comunitarios y de Vivienda de Oreg\u00f3n para administrar el HHF inicial y ayud\u00f3 a dise\u00f1ar el Programa Piloto de Asistencia para el Refinanciamiento de Pr\u00e9stamos (LRAPP) que ha utilizado el HHF en Oreg\u00f3n desde 2012. Este programa ha ayudado a cientos de habitantes de Oreg\u00f3n a evitar la ejecuci\u00f3n hipotecaria a trav\u00e9s de una estrategia innovadora. en el que su casa se compra a trav\u00e9s de una venta corta y se les revende a su valor actual. Estos fondos adicionales anunciados hoy se utilizar\u00e1n para garantizar que el programa LRAPP contin\u00fae, as\u00ed como para nuevos programas destinados a ayudar a los habitantes de Oreg\u00f3n que luchan por permanecer en sus hogares.&nbsp;<\/p>\n<p class=\"p1\">El HHF se cre\u00f3 en 2010 para proporcionar $7.6 mil millones en ayuda espec\u00edfica a 18 estados y el Distrito de Columbia considerados los m\u00e1s afectados por la recesi\u00f3n econ\u00f3mica y del mercado de la vivienda. El programa fue dise\u00f1ado para aprovechar la experiencia de los socios estatales y locales al financiar soluciones de estabilizaci\u00f3n de vecindarios y prevenci\u00f3n de ejecuciones hipotecarias adaptadas localmente.&nbsp;&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Portland, OR. &#8212; Today, Oregon&#8217;s Senator Jeff Merkley announced that Oregon would receive over $36 million from the U.S. Department of Treasury to assist homeowners struggling to avoid foreclosure. &nbsp;Today&rsquo;s announcement from the Treasury Department includes an opportunity for the state of Oregon to apply for an additional $110 million to address housing needs in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[36],"class_list":["post-5646","post","type-post","status-publish","format-standard","hentry","category-press-releases","tag-natural-resources-and-rural-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Merkley Announces $36 Million In Housing Funds for State of Oregon - Merkley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.merkley.senate.gov\/es\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Merkley Announces $36 Million In Housing Funds for State of Oregon - Merkley\" \/>\n<meta property=\"og:description\" content=\"Portland, OR. &#8212; Today, Oregon&#8217;s Senator Jeff Merkley announced that Oregon would receive over $36 million from the U.S. Department of Treasury to assist homeowners struggling to avoid foreclosure. &nbsp;Today&rsquo;s announcement from the Treasury Department includes an opportunity for the state of Oregon to apply for an additional $110 million to address housing needs in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.merkley.senate.gov\/es\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/\" \/>\n<meta property=\"og:site_name\" content=\"Merkley\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-19T23:37:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-24T15:09:46+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Merkley Announces $36 Million In Housing Funds for State of Oregon\",\"datePublished\":\"2016-02-19T23:37:00+00:00\",\"dateModified\":\"2023-07-24T15:09:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/\"},\"wordCount\":463,\"keywords\":[\"Natural Resources and Rural Development\"],\"articleSection\":[\"Press Releases\"],\"inLanguage\":\"es-MX\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/\",\"url\":\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/\",\"name\":\"Merkley Announces $36 Million In Housing Funds for State of Oregon - Merkley\",\"isPartOf\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/#website\"},\"datePublished\":\"2016-02-19T23:37:00+00:00\",\"dateModified\":\"2023-07-24T15:09:46+00:00\",\"author\":{\"@id\":\"\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/#breadcrumb\"},\"inLanguage\":\"es-MX\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.merkley.senate.gov\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.merkley.senate.gov\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Merkley Announces $36 Million In Housing Funds for State of Oregon\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.merkley.senate.gov\/#website\",\"url\":\"https:\/\/www.merkley.senate.gov\/\",\"name\":\"Merkley\",\"description\":\"Merkley\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.merkley.senate.gov\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es-MX\"},{\"@type\":\"Person\",\"@id\":\"\",\"url\":\"https:\/\/www.merkley.senate.gov\/es\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Merkley Announces $36 Million In Housing Funds for State of Oregon - Merkley","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.merkley.senate.gov\/es\/merkley-announces-36-million-in-housing-funds-for-state-of-oregon\/","og_locale":"es_MX","og_type":"article","og_title":"Merkley Announces $36 Million In Housing Funds for State of Oregon - Merkley","og_description":"Portland, OR. &#8212; 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