New Rental Housing Aims to Mitigate Displacement

September 16, 2014 · by pcriadmin · Featured, PCRI

In many inner North and Northeast Portland neighborhoods, affordable housing has become increasingly difficult to find. Families and individuals depending on affordable rents are often faced with the difficult decision to forego basic necessities in order to retain valuable community connections, keep their kids in local schools, or access public transportation. Other long-term Northeast Portland residents find themselves displaced to suburbs and outer Portland neighborhoods in search of affordable rents.

Highland under constructionWhen PCRI determined that one of our affordable rental homes in Portland’s desirable Concordia neighborhood wasn’t practical to rehabilitate, we looked to replace it with a new home that was not only affordable and practical, but also healthy and efficient. The new rental home is part of a larger strategy by PCRI to ensure and expand the availability of affordable rental housing in neighborhoods where community resources are robust, schools are easily accessible, and transit services are frequent and readily available. This home and future developments coming soon aim to mitigate–and when possible, prevent–the forced displacement of long-term residents due to rising rents and gentrification.

The new home, currently under construction, is anticipated to earn Earth Advantage Platinum certification and will serve as a prototype for future developments. It features four bedrooms and two baths. A main floor bedroom and bathroom, as well as all living spaces, are accessible to a resident with mobility impairments. Upstairs, three additional bedrooms and a full bathroom provide space for a larger or extended family.

As with other homes rehabilitated or newly constructed by PCRI and our contractor partners, this home will benefit from finishes, cabinetry and flooring chosen because for good looks and durability as well as their absence of unhealthy chemicals used in production and finishing.

This new construction project, built by Albina Construction, also provides good paying construction jobs for historically underutilized firms. Construction work performed by certified minority-owned businesses exceeds 50% of all subcontracted work through July 2014. In addition, PCRI will team up with Oregon Tradeswomen to offer real-world training opportunities for students to develop carpentry and teamwork skills.

Funding for this project has been provided by Portland Housing Bureau, the U. S. Department of Housing and Urban Development (HUD), equity invested by PCRI, and the use of energy-efficiency incentives from the Energy Trust of Oregon.

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