Guidance and resources for renters and homeowners financially impacted by the COVID-19 public health emergency
If you are a renter or homeowner in Portland/Multnomah County who has been financially impacted by the COVID-19 public health emergency, and you are unable to pay rent or your mortgage, please see guidance and resources below.
If you can demonstrate a substantial loss in income due to the COVID-19 pandemic you can defer your rent payments. Rent payments are not being forgiven, you will still be obligated to repay missed payments.
The City of Portland and Multnomah County have enacted emergency laws to prevent people from losing their homes due to job and income loss. You are able to defer rent payments for up to 6 months if you can demonstrate a substantial loss of income due to job loss, reduced work hours, business closure, school or childcare closure, missed work to care for oneself or a family member ill with COVID-19, or other similar causes. You must notify and provide documentation to your landlord on or before the day rent is due.
For more information, please view the Frequently Asked Questions.
If you can demonstrate a substantial loss of income due to the COVID-19 pandemic you may be able to defer your mortgage payments. Mortgage payments are not being forgiven, you will still be obligated to repay missed payments.
For loans backed by the Federal Government, Federal Agencies have enacted suspensions or deferrals on mortgage payments. Two-thirds of all mortgages in the United States are backed by the Federal Government. Contact your mortgage servicer to determine whether or not your loan is backed by the Federal Government and to understand additional eligibility requirements. See the resources below for more information.
If your mortgage is not backed by the Federal Government, you may still be eligible to defer mortgage payments. Many banks and mortgage servicers are enacting their own deferment programs – call your mortgage servicer for more information. Other resources on actions by banks in Oregon can be found at: www.oregonbankers.com/coronavirus-response
For Owners of Rental Property:
If you are a landlord who is unable to pay mortgage/loan payments due to a renter deferring rent, please contact your lender about options for payment deferral. The Federal Government has enacted suspensions or deferrals on some mortgage/loan products for owners of rental housing properties.
Unfortunately, many scams are emerging to take advantage of people and businesses that are looking for assistance or relief. As always, be aware of fraud: