Oregon Housing and Community Services Department (OHCS) is announcing the expansion of the Rebuilding American Homeownership Assistance Pilot Program (RAHAPP) to help more Oregon homeowners struggling to stay in their homes. The program is designed to help homeowners with high- interest loans who can’t refinance because they still owe more than their home is worth.
The program has been in operation in Multnomah, Clackamas, and Washington counties since July 2013, and is now expanding to serve all Oregon counties. The program is based on the Rebuilding American Homeownership proposal by Oregon Senator Jeff Merkley.
For more information, read the press release here.
