House Republicans held their third Regain Our Majority Program fundraising event of the 2008 cycle Wednesday night, as part of their ongoing effort to direct campaign cash to targeted GOP Members and candidates before the November elections.

House Minority Leader John Boehner (R-Ohio) was in charge of the ROMP reception, the first one to be held this year, and during Wednesday morning’s GOP Conference meeting he reminded his colleagues that they share a financial stake in their effort to regain the majority.

Ten candidates will be the beneficiaries of the proceeds of the event at the Capitol Hill Club, which had raised at least $800,000 as checks were still being counted.

Members benefiting from the event were Reps. Michele Bachmann (Minn.), Vito Fossella (N.Y.), Sam Graves (Mo.), Ric Keller (Fla.), Jean Schmidt (Ohio), Bill Sali (Idaho) and Tim Walberg (Mich.). Republican candidates who will also get a cut from the event are former Rep. Anne Northup (Ky.), who is seeking to reclaim the seat she lost in 2006; state Rep. Erik Paulson, who is running to succeed retiring Rep. Jim Ramstad (R-Minn.); and Bernalillo County Sheriff Darren White, who is seeking the seat that Rep. Heather Wilson (R-N.M.) is vacating to run for Senate.

A spokesman for Boehner’s political action committee said Member response to the event had been strong.

“All of this is money that they wouldn’t have raised otherwise,” said Don Seymour, a spokesman for Boehner’s Freedom Project political action committee. “This has been a really good giving effort.”

Two ROMP events were held in 2007, and Boehner headed one of those. The other was headed by Minority Whip Roy Blunt (Mo.) and Chief Deputy Minority Whip Eric Cantor (Va.).

Republicans face a steep financial disadvantage in their battle to reclaim the majority in the November elections. As of the end of March, the Democratic Congressional Campaign Committee had $44.3 million in cash on hand while the National Republican Congressional Committee had roughly $7.2 million in the bank.

Congressional Democrats contributed in the neighborhood of $3 million to the DCCC in March, according to newly filed fundraising reports.