Homeownership will be a significant focus in our Statewide Housing Plan, and new state resources are expanding opportunities in this arena.  This includes expansion of the Document Recording Fee and the HOAP program, and new avenues for expanded down payment assistance, homeownership center support, veteran home repair and capacity building, and LIFT for homeownership.  

Meanwhile, our existing programs continue to move forward.  We are having another banner year of the Oregon Bond Residential Loan Program (in fact, the team is already at more than 99% of its calendar year goals for 2018!).  The Oregon Homeowner Stabilization Initiative recently launched a new program to assist homeowners with lien extinguishment, particularly useful for seniors on a fixed income, even as we look toward the completion of the federal Hardest Hit Funds program.  

Finally, we are looking at creating a new single-family mortgage loan program to reach a broader array of homebuyers.   I am sure you agree that dedicated and focused leadership is needed to drive all of this work forward.

The Assistant Director position is conceived as a Limited Duration and/or developmental rotation.  It is open to internal and external candidates.  With so much in flux with these programs, our plan is to recruit an executive to help us for the next year or two to lead through this change and build new policies and programs, and to help us understand what the long-term management structure should be for homeownership work.