Oregon’s Senator Jeff Merkley announced that Oregon would receive over $36 million from the U.S. Department of Treasury to assist homeowners struggling to avoid foreclosure. Today’s announcement from the Treasury Department includes an opportunity for the state of Oregon to apply for an additional $110 million to address housing needs in the state. Senator Merkley has been instrumental in advocating for additional funding to address the foreclosure crisis that has rocked Oregon since the Great Recession and called on the Treasury Department to release this funding
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