Oregon gets federal money to help unemployed avert foreclosures, By Charles Pope, August 4, 2010, The Oregonian: “The Obama administration released $600 million Wednesday to help unemployed homeowners in Oregon and four other states avoid foreclosure. Oregon, where one in every 76 homes is facing foreclosure, qualifies for $88 million.The money will be used to help distressed homeowners. The money will be available to state housing authorities in Oregon, Ohio, South Carolina, Rhode Island and North Carolina “to support local initiatives to assist struggling homeowners in these five states that have high percentages of their population living in areas of economic distress due to unemployment,” the Treasury Department said…”
Poverty-related issues in the news, from the Institute for Research on Poverty