Landlord Incentive Fund
What is it?
Oregon Housing and Community Services provides a fund that is meant to incentivize landlords to rent or lease to low-income households by guaranteeing payments to landlords for unpaid rent, eviction, and property damage costs. Community Action is the program provider for Washington County. Guarantee is subject to available funding at the time of claim and covers up to $2,000 in unpaid rent and up to $5,000 in property damages that exceed security deposit amount within 12 months of tenancy. Costs allowable under the program include: unpaid rent, damages caused by tenants, costs to remove and dispose of tenant debris, costs related to eviction process, damages caused by pets or service animals included on tenant rental agreement.
Who is eligible?
Tenants qualify if...
- their household income is at or below 60% of area median income;
- who may be homeless or unstably housed;
- who have a barrier to housing stability (e.g; poor credit history/rating, criminal background history, eviction(s));
- they complete the Rent Well course; and
- have no previous program claim.