Oregon Homeownership Stabilization Initiative

What Oregon Homeownership Stabilization Initiative does

Oregon Homeownership Stabilization Initiative (OHSI) is a state government foreclosure-prevention program jointly operated by Oregon Housing and Community Services, the Oregon Division of Financial Regulation, and the Oregon Department of Justice, with website support from the nonprofit Oregon Consumer Justice. Founded in 2010 and headquartered in Salem, Oregon, the program was established to help Oregon homeowners avoid foreclosure through no-interest, five-year forgivable loans (forgiven at 20% per year), free certified housing counseling, lender resolution conferences under the Oregon Foreclosure Avoidance Program, and — during the COVID-19 pandemic — the federally-funded Homeowner Assistance Fund and the Oregon Homeowner Legal Assistance (OHLA) Project for low- and moderate-income households. Distribution is community-led and statewide: the 211 hotline, a network of certified homeownership centers covering all 36 Oregon counties (including culturally specific partners in Clackamas county), and a multilingual website available in English, Spanish, Chinese (Simplified), Russian, and Vietnamese. OHSI operates as a government-funded assistance initiative with no commercial revenue model — all services are provided free of charge to homeowners — and was historically funded through federal and state resources.

The underlying technology is minimal and non-differentiating: an informational website (oregonhomeownerhelp.org), a secure document submission portal, and standard iFrames-based counselor lookup are the only technical assets. No proprietary AI, machine learning, or API surfaces are disclosed; the technology stack is not a competitive dimension and does not drive the program's value proposition. The program's defensibility rests instead on its regulatory authority as a joint state-government effort and its statewide distribution network of certified housing counselors.

The core OHSI loan program is now closed and no longer accepting applications, and the federal Homeowner Assistance Fund has also ceased new intake. The Oregon Homeowner Help website continues to operate as a referral hub connecting Oregon residents to certified housing counselors, the Foreclosure Avoidance mediation program, and remaining legal assistance resources, but the principal financial-assistance mechanisms of the initiative have been wound down. There is no disclosed headcount, no private funding, no parent-subsidiary corporate structure beyond OHCS as the administering agency, and no disclosed commercial revenue.

Name

Oregon Homeownership Stabilization Initiative

Legal name

Oregon Homeownership Stabilization Initiative

Website

https://oregonhomeownerhelp.org

Company type

Private

Founded year

2010

Operating status

Closed

Short description

Oregon Homeownership Stabilization Initiative is a closed state-government foreclosure-prevention program that provided free no-interest forgivable loans and certified housing counseling to Oregon homeowners, jointly operated by Oregon Housing and Community Services, the Division of Financial Regulation, and the Department of Justice.

Ownership category

akta.pro rank

Product category

Foreclosure Prevention Services

NAICS

Community Housing Services (62422), Other Community Housing Services (624229)

SIC

Services-Social Services (8300)

akta.pro primary industry

Mortgage Delinquency & Foreclosure Prevention Counseling (FSAEAFAF)

akta.pro secondary industries

Loss Mitigation & Home Retention Servicing (Modifications/Forbearance/Repayment Plans) (FSALAEAG), Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs (FSALAKAM), Housing Benefits & Rent Subsidy Administration (BPAIAKAG)

Keywords

• Foreclosure prevention services
• Housing counseling
• Mortgage assistance
• Homeowner support
• Loan modification

Headquarters

HQ city

Salem

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Government-Funded Assistance Program: OHSI is a government-funded program that provided no-interest, five-year forgivable loans to eligible Oregon homeowners to prevent foreclosure. The program is closed and no longer accepting applications. The program was funded through federal and state resources.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Oregon Homeownership Stabilization Initiative (OHSI) is a state government program that provides foreclosure prevention assistance to Oregon homeowners through no-interest, five-year forgivable loans, certified housing counseling, legal assistance referrals, and lender resolution conferences. The program is a joint effort of Oregon Housing and Community Services, the Oregon Division of Financial Regulation, and the Oregon Department of Justice, with the loan program now closed while the website continues connecting homeowners to counseling resources.

Product overview

Oregon Homeownership Stabilization Initiative (OHSI) operates as a comprehensive foreclosure prevention program offering multiple interconnected services: the core OHSI forgivable loan program, the Homeowner Assistance Fund (HAF), the Oregon Foreclosure Avoidance Program with resolution conferences, and the Oregon Homeowner Legal Assistance (OHLA) Project. These services are accessible through the Oregon Homeowner Help website, which serves as the central hub connecting homeowners to certified housing counselors throughout the state.

Differentiator

Problem solved

Functional benefit

Products and services

• Oregon Homeownership Stabilization Initiative (OHSI) Loan Program

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered core and minor.

• Oregon Housing and Community ServicescoreStrategic or Co-development PartnerLead agency in the joint effort to provide Oregon homeowners with information to help them keep their homes. Administers the OHSI program and related homeowner assistance funds.
• Oregon Division of Financial RegulationcoreStrategic or Co-development PartnerPartner agency providing regulatory oversight and consumer protection resources. Offers complaint filing services and licensee verification for mortgage-related inquiries.
• Oregon Department of JusticecoreStrategic or Co-development PartnerPartner agency in the joint effort providing consumer protection resources, including the Scam Alert Network for up-to-date fraud information.
• Oregon Consumer JusticeminorStrategic or Co-development PartnerNonprofit organization that provided support for the oregonhomeownerhelp.org website effort. A consumer protection nonprofit supporting the initiative.
• DevNW (Homeownership Centers)coreChannel Partner/ Reseller/ DistributorRegional homeownership center providing housing counseling services in Benton and Clackamas counties.
• NeighborWorks UmpquacoreChannel Partner/ Reseller/ DistributorHomeownership center serving Coos, Curry, and Douglas counties, providing housing counseling and foreclosure prevention assistance.
• NeighborImpactcoreChannel Partner/ Reseller/ DistributorHomeownership center serving Crook, Deschutes, and Jefferson counties, offering housing counseling and financial education services.
• ACCESScoreChannel Partner/ Reseller/ DistributorHomeownership center serving Jackson and Josephine counties with housing counseling and foreclosure prevention resources.
• Community Connection of Northeast OregoncoreChannel Partner/ Reseller/ DistributorHomeownership center serving Baker and Grant counties with housing counseling services.
• Open Door HousingWorkscoreChannel Partner/ Reseller/ DistributorHomeownership center serving Clatsop and Columbia counties with housing counseling services.
• Community Action Program of East Central OregoncoreChannel Partner/ Reseller/ DistributorHomeownership center serving Gilliam county with housing counseling services.
• Community in ActioncoreChannel Partner/ Reseller/ DistributorHomeownership center serving Harney county with housing counseling services.
• Columbia Cascade Housing CorporationcoreChannel Partner/ Reseller/ DistributorHomeownership center serving Hood River county with housing counseling services.
• Native American Youth & Family CentercoreChannel Partner/ Reseller/ DistributorHousing counseling organization serving Clackamas county with culturally specific services.
• African American Alliance for HomeownershipcoreChannel Partner/ Reseller/ DistributorHousing counseling organization serving Clackamas county with culturally specific services.
• Hacienda Community Development CorporationcoreChannel Partner/ Reseller/ DistributorHousing counseling organization serving Clackamas county with culturally specific services.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Connecticut Housing Finance Authority (CHFA): Connecticut's state housing finance authority administering foreclosure prevention counseling, mortgage assistance programs, and homeowner education. Comparable single-state foreclosure-prevention program structure to OHSI.
• New Jersey Housing and Mortgage Finance Agency (NJHMFA): New Jersey's state housing finance authority delivering foreclosure prevention counseling and mortgage assistance programs. Operates a regionally analogous state-government foreclosure prevention stack to OHSI.
• Pennsylvania Housing Finance Agency (PHFA): Pennsylvania's state housing finance agency administering HARP-era and COVID-era mortgage assistance, foreclosure counseling, and homeowner recovery fund programs. Highly analogous in program architecture to Oregon's OHSI and HAF programs.
• Washington State Housing Finance Commission: Washington's state housing finance commission providing homebuyer education, foreclosure prevention, and homeowner assistance. Directly comparable neighbor-state institution to Oregon Housing and Community Services / OHSI.
• California Housing Finance Agency (CalHFA): California's state housing finance agency offering mortgage assistance, foreclosure prevention, down payment assistance, and homeowner stabilization programs. Closest large-state analog to OHSI's combined counseling-plus-forgivable-loan model with broader product portfolio.

Direct peers

• HomeFree-USA: National HUD-approved housing counseling agency offering pre-purchase education, foreclosure prevention, and reverse mortgage counseling across multiple U.S. regions. Directly comparable delivery model (certified counselors, multilingual intake, lender negotiation) to the Oregon Homeowner Help counselor network.
• GreenPath Financial Wellness: National HUD-approved counseling agency providing housing counseling, debt management, and foreclosure prevention. Highly comparable to OHSI's counselor-delivered foreclosure and mortgage delinquency services, with similar certifications and free client model.
• NeighborWorks America: National network of HUD-approved housing counseling intermediaries delivering foreclosure prevention, homebuyer education, and homeowner retention services. Most directly comparable to OHSI's counseling-plus-funding mission and is the parent ecosystem for many of the Oregon homeownership centers OHSI relies on (e.g., NeighborWorks Umpqua).
• Money Management International: National HUD-approved nonprofit housing and credit counseling organization providing foreclosure prevention, bankruptcy counseling, and housing financial education. Operates an identical direct-to-homeowner counseling stack to the OHSI homeownership center network.
• Hope Loan Partnership: Nonprofit coalition coordinating mortgage servicers, counselors, and investors to deliver foreclosure prevention and home retention outcomes. Comparable to OHSI's role brokering lender-to-homeowner resolution conferences under the Oregon Foreclosure Avoidance Program.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/OregonHCS
• Facebookfacebook.com/OregonHCS

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oregon Homeownership Stabilization Initiative