Starting Today, all Oregon Tenants Must Resume Paying Monthly Rent. Except when…

Starting Today, all Oregon Tenants Must Resume Paying Monthly Rent. Except when…

The City of Portland published this announcement.

Tenants Now Have 60-Day Safe Harbor from Eviction for Nonpayment While Applying for Rent Assistance.

Starting July 1, 2021, all tenants must resume paying their monthly rent. SB 278 provides protection to tenants who provide their landlord with the letter proving their rental assistance application status as described below. Tenants that accrued nonpayment balances during the emergency period of April 1, 2020 − June 30, 2021 have until February 28, 2022 to pay back these accrued nonpayment balances.

Tenants can apply for rental assistance through 1 of 44 partner organizations. Once the application is complete and submitted, the partner organization will provide tenants a letter. Upon delivering a copy of this letter to their landlord, tenants are protected from termination and eviction due to nonpayment of rent for 60 days to allow for the processing of the application. Tenants can deliver this documentation by email, text message, mail, or personal delivery.

More details on how to apply for rental assistance can be found here.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com