Landlord Compensation Fund: Round Two Open Now – May 17th
Are you a landlord with past due rental payments? The Landlord Compensation Fund can help! The program covers 80% of past due rent (April 2020 – now) for tenants with a signed declaration of financial hardship if a landlord agrees to forgive the other 20%. The first round will cover rental debt for approximately 12,000 tenants and helped more than 1,900 landlords. More relief resources are available now!
Round two is now open. Please note this program is not first-come, first serve, and applications will be open until May 17th. If you are interested in applying in the second round, please see this check list. Visit the Landlord Compensation Fund website for more information.
As referenced above, the first round applications will provide financial relief to thousands of Oregonians, landlords and renters alike, across the state. The map below shows where assistance will be distributed. Our Public Housing Authority partners will verify ownership, make payments to landlords, and notify tenants that their rent has been forgiven in the coming weeks.
LCF Application Portal
The LCF Application Portal has been improved to make it easier for landlords and property managers to submit required documentation. Even with these improvements, there still may be occasional glitches due to the expected high volumes of applicants. Please reach out to Nicole Stingh if you hear concerns for constituents to quickly resolve any issues.
The Landlord Compensation Fund is not the only rental assistance program currently open. Renters can access assistance through regional community action agencies. Additionally, OHCS will open the new federal Emergency Rental Assistance program next month. Please be on the lookout for additional housing resources in the coming weeks!
