Oregon Housing and Community Services estimate that nearly all the $289 million in federal emergency rental assistance allocated by the U.S. Department of Treasury to the state of Oregon has been requested, and the program will be fully subscribed in the coming weeks.
The pause will ensure the state can keep its commitment to every Oregon renter that applies for assistance until that time. In the intervening weeks, OHCS will work with the Governor’s Office and legislative leaders to pursue solutions at the federal, state, and local levels to continue to help Oregon renters.
The state allocated the federal funding more quickly than many other counties and states.
Oregon is currently ranked 7th nationwide in percent of federal emergency rental assistance (ERA1) funds paid or obligated.
The U.S. Department of Treasury allocated a total of nearly $360 million to Oregon, in two waves, ERA1 and ERA2. Of that total, $289 was available for rental assistance payments.
OHCS estimates that nearly all of the funds for rental assistance have been requested based on applications received to date.
“It is clear the need for emergency rental assistance is far greater than the amount of federal funding available for the program at this time.
This pause will allow the agency to advocate for additional federal funding or other resources at the state level, focus on quickly processing applications and assess whether we have adequate funding available to accept new applications,” said OHCS Director Margaret Salazar.
The OERAP program has provided more than $130 million in emergency rental assistance to more than 19,600 Oregon renters impacted by the pandemic. In addition to the eviction moratorium and the more than $319 million in rental assistance distributed in 2021, the OERAP program has been critical to staving off evictions for nonpayment statewide.
The agency acknowledges that despite these measures, renters are still at risk.
“We continue to be concerned about the many renters who are at risk for experiencing the trauma of eviction. OHCS is working around the clock to continue accelerating payments and we are fighting for more resources for Oregon,” said Salazar.
OHCS will shift the focus to advocating for more federal funding and processing applications currently in the queue.
The agency is in the process of formally requesting additional federal funding after the state met a critical benchmark of paying or obligating at least 65% of ERA1 funding by Sept. 30. At the beginning of October, OHCS submitted a letter requesting U.S. Department of Treasury funding and will submit a formal request next week.
In addition, Governor Brown and legislative leaders continue to explore potential solutions using alternative state resources while requests for federal funding are pending.