OHCS: Halfway into Application Cycle 4,300 Mortgage Payment Assistance Applications Completed, Another 3,400 in Process.

At about the halfway point in the application cycle, OHCS staff have advised me that 4,300 unemployed or under employed home owners have completed the online application for the Oregon Mortgage Payment Assistance Program, with another 3,400 applicants in some stage of completion. 

This $100 million program has a minimum of 5,000 slots available, with recipients to be chosen by individual county lotteries from amongst all applications received by January 14, 2011. (My prior table HERE had estimated chances of wining by area, using only counts of unemployed; ACTUAL chances of winning will be determined by number of accepted applications in each county vs. number of slots in that county).

The OHSI website, which includes an on line eligibility test for this program, is HERE. 

Originally created and posted on the Oregon Housing Blog.