Landlord Compensation Fund
Landlord Compensation Fund Summary
The Housing Authority of Washington County is excited to partner with Oregon Housing and Community Services in assisting landlords and tenants in Washington County with tenant rent arrears.
In response to the COVID-19 pandemic, Oregon Legislature enacted an eviction moratorium and established the Landlord Compensation Fund (House Bill 4401). The Legislature allocated $200 million in rent assistance to support tenants and landlords, which includes $150 million for the Landlord Compensation Fund.
Approximately $60 million of the $150 million in the fund is available for the third round of applications, which began on June 1, 2021. The application deadline for this round is Wednesday, June 23, 2021. Program coverage has been expanded to pay out 100% of past due rent, and past due rent for both current and former tenants is now eligible for compensation.
Through this program, landlords will be paid 100% of tenant past due rent. Rent arrears from April 2020 through June 2021 are eligible to be compensated in this round of funding.
Landlords must provide tenants with written notice about the application, and obtain a signed Declaration of Hardship Form from all tenants to be included in the fund reimbursement. All applications must be submitted through the Landlord Compensation Fund Application Portal.
The program is not a "first come, first serve" basis, the two main criteria are number of units in the ownership portfolio and portfolios with the highest percentage of unpaid rent since April 2020.
Landlord Compensation Fund Overview and Resources Page:
Landlord Compensation Fund Application Portal: https://lcf.oregon.gov/lcf