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Oregon Gov. Kate Brown Extends Foreclosure Moratorium Through End Of Year

Oregon Gov. Kate Brown speaks at a press conference to address the coronavirus pandemic in Portland, Ore., Friday, March 20, 2020.
Bradley W. Parks
/
OP
Oregon Gov. Kate Brown speaks at a press conference to address the coronavirus pandemic in Portland, Ore., Friday, March 20, 2020.

Oregon Gov. Kate Brown has extended a foreclosure moratorium that was to expire Monday, Aug. 31.

Oregon Gov. Kate Brown has extended a moratorium on foreclosures for homes and businesses until Dec. 31.

The protections, meant to shield people hurt financially by COVID-19, would’ve expired at the end of the month, had Brown not acted Monday under legislation Oregon lawmakers approved this summer.

Brown’s office said she wants to work with landlords, banks and other stakeholders to come up with a long-term solution. Lawmakers meet for their biannual long session in early 2021 and will likely consider a large collection of COVID-related legislation.

A similar moratorium on rental evictions is scheduled to expire Sept. 30. The governor’s office says she is working with stakeholders to decide next steps for renters.
Copyright 2020 Oregon Public Broadcasting

Staff