PCRI in the News: A preview tour with KGW-TV

September 30, 2010 · by pcriadmin · PCRI

As recipients of a Portland Energy Efficient Home Pilot (PEEHP) grant, PCRI previewed our newly completed homes this morning to project partners and to KGW-TV, channel 8.

The new homes are being made available for purchase by families earning 80% or less of area median income.  To ensure they are affordable in the long haul, the PEEHP grant helped offset the cost of energy-saving techniques and systems (like the water heaters provided by Portland General Electric).

KGW’s Erica Heartquist has a video preview of the homes, including their energy-efficient features and sustainable materials.

Families currently living in PCRI’s rental housing are expected to purchase the new homes.

“We house over 700 families and so when we decided to move into home ownership development, we just decided to work with the households that were already living in PCRI properties, so it was really quite easy,” said Fitzpatrick.

This start-to-finish approach toward self-sufficiency is part of PCRI’s larger goal of increasing home ownership rates for minority Portland families.  The home ownership rate for most minorities in Portland is 33% compared to 69% for white residents.

The homes were built by Terrafirma Building Inc., with the construction loan funded by the Portland Housing Bureau.  The construction funding and PEEHP Grant also includes two other row homes nearby that are scheduled for completion in October.

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