Regional News

First Time Home Buyers

(Salem, OR) -- Oregon's down payment assistance program helped 269 families buy their first home last year. The program distributed nearly 10-million-dollars, with an average of 28-thousand-dollars per homebuyer across Oregon. The cost of the average home was 339-thousand-dollars. One-hundred-50 of the homebuyers were identified as first-generation and 55 percent were people of color. Since 2011, the Home Ownership Assistance Program has helped over 15-hundred households.

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