Assistance for homeowners ending; 3 windows still open

The Oregon Housing and Community Services' Home Rescue Program is winding down.

The Home Rescue Program, funded by the Treasury Department's Hardest Hit Fund, has helped people who were laid off or had work hours cut to pay their mortgage.

There are still opportunities to apply on cycles beginning Wednesdays, May 28, June 11 and June 25. To check on your eligibility, go to

Application cycles open on noon every other Wednesday and close the following Tuesday at noon.

The Home Rescue Program provides up to 12 months or $20,000 in mortgage payment assistance and up to $10,000 in reinstatement benefits to qualified applicants.

Alaska Air announces bump in dividend for this quarter

Alaska Air Group announced a quarterly cash dividend of 25 cents per share to shareholders of record on May 23. The dividend will be paid June 10.

The group began paying a quarterly dividend of 20 cents per share in August, the first time since 1992 that the company had paid a dividend. It was increased to 25 cents per share in February. The dividends are financed from operating cash flow and existing cash on hand.

Horizon Air, the Medford airport's largest carrier, is a subsidiary of Alaska Air Group.

Compiled from staff reports

Reader Reaction
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Rules. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment or fill out this form. New comments are only accepted for two weeks from the date of publication.