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Business Journal: "Legislature 2021: Balancing the needs of struggling renters and landlords" in Oregon

The Portland Business Journal is reporting that the 2021 legislature continues to struggle with the needs of landlords and renters as COVID-19's toll on the economy continues.  In fact, the...

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City of Portland Offers Free Rental Housing Provider Training on New State & City Laws

The Portland Housing Bureau Rental Services Division is offering training to rental housing providers on Senate Bill 608, federal Fair Housing laws, as well as the City of Portland's new...

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Legislature Back in Session in Olympia as Rental Association Clamors for Prioritization of Housing Creation

 The Washington Multifamily Housing Association is calling on the 2021 Washington Legislature to prioritize housing creation rather than enacting policies that would drag the industry...

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Washington State and Seattle eviction moratoriums stand as rental owner lawsuit proceeds

The Seattle Times reports that a federal judge has rejected a call by rental owners to suspend a ban on evictions during COVID, leaving a court battle to play out while the bans remain in place. Read...

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Seattle Rents Fell in 2020 as Outlying Area Costs Climbed

The Seattle Times reports that rents in King, Pierce, and Snohomish counties dropped 3% - the most since the Great Recession. But although they fell as much as 14% near Lake Union, rents climbed 5.7%...

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HFO Multifamily Marketwatch Returns January 18, 2021

Stay tuned as our podcast returns next week. Listen to our latest podcast.HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate...

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WA Legislature to Discuss COVID-19 Relief, Including $100 Million in Rental Assistance

The Washington Legislature is opening its 105-day session in person today, despite concerns over security at the Capitol. While they plan to meet virtually for most of the session, lawmakers must...

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Cascade Policy Institute: "Who Will Pay the Bills When the Pandemic Ends?"

"Who Will pay the Bills When the Pandemic Ends" is the topic of an article written earlier this month and published today by the Central Oregonian. The article was published initially by the think...

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In Washington State, Only 85% of Renters Paid Full or Partial Rent in December

(Renton, Washington) – The Washington Multi-Family Housing Association’s (WMFHA) found 85% of statewide apartment homes made a full or partial rent payment by December 13, 2020. The data was...

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Washington State Expected to Receive $507 Million of Rental Assistance Funds

The Washington Multifamily Housing Association (WMFHA) reports that funds to be managed by the state and counties are expected to approximate $507 million for the state.  The United States...

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Washington Governor Plans to Extend State's Eviction Moratorium to March 31

Governor Jay Inslee has announced that he will once again extend a ban on evictions in that state to March 31st. Read more.HFO Investment Real Estate specializes in multifamily brokerage sales and...

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Read the Full Text of Rental Owners vs. Governor Brown, State of Oregon, City of Portland and Multnomah County

HFO has obtained a copy of the full complaint filed in U.S. District Court by rental owners with all exhibits. Read or download your copy here.HFO Investment Real Estate specializes in multifamily...

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Landlords File Suit Against State in Federal Court, Seeking to Invalidate Eviction Ban

On Monday, the Oregon State Legislature extended a statewide eviction moratorium through June 30th. Hours later, a handful of rental owners filed suit in U.S. District Court, calling the State of...

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Congressional COVID Relief Bill Includes Rental Assistance and Extension of Federal Eviction Moratorium

The CRE Finance Council Reports: Relief from Troubled Debt Restructuring until January 1, 2022, rental assistance, and a one-month extension of the CDC’s eviction moratorium are included according to...

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Landlords Should Support LC-881 - The Emergency Bill Offering Tax Credits for Unpaid Rent

A bill being introduced by Oregon Senator Betsy Johnson (D-Scappoose) in the 2021 regular session needs the advance support of landlords. Here's why: Highlights of LC881 Rescues tenants because all...

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HFO Multifamily Marketwatch Podcast - December 21, 2020

This week: Oregon’s special legislative session will consider $200 million in relief funds for landlords and tenants; Moody’s Analytics estimates that renters nationwide could owe billions in back...

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December in Washington State: Hundreds of Millions in Unpaid Rent

In a survey of 267,000 professionally managed homes in Washington State, the Washington Multi-Family Housing Association found that $212 million in rents went unpaid. Read more. HFO Investment...

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Senate President Peter Courtney Plans to Introduce By-Right Development Bill in 2021

The Portland Business Journal reports that Oregon Senate President Peter Courtney plans to introduce a bill in the 2021 legislative session that would make affordable housing development a "by-right...

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Multnomah County Eviction Moratorium Will Now Expire July 2021

Multnomah County commissioners voted unanimously to extend the county's eviction moratorium through July 2, 2021. Tenants will still have a 6 month grace period to pay back any rent owed. This is the...

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Bipartisan COVID-19 Relief Bill Provides $25 Billion in Rental Assistance for States and Localities

The coronavirus relief bill introduced Monday provides financial assistance for tens of millions of Americans potentially facing eviction in the new year. It offers $25 billion through the...

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