PCRI SUPPORT FOR THE OREGON CARES FUND

August 27, 2020 · by Admin · Featured

I, Kymberly Horner, Executive Director of Portland Community Reinvestment Initiatives, Inc. (PCRI), am writing to express my support for the impact the Oregon Cares Fund (a $62 million state fund) has had on Black Oregonians and their businesses. The huge need for targeted funds such as these is essential to help enable Black individuals and families, Black-owned businesses, and Black-led non-profits, such as PCRI, continue to make a difference in the Black Community despite being hit by the hardships that the spread of COVID-19 has created.

Formed in 1992 in response to a housing crisis, PCRI is a non-profit community development organization and the largest provider of affordable housing and HUD certified housing services for low-income residents in North and Northeast Portland. Additionally, it is the first Black-led affordable housing provider focused on Portland’s African American community.

The $200,000 grant provided by the Oregon Cares Fund helped soften the severe and swift impact the COVID-19 pandemic has had on many Portlanders that were already struggling with housing in our community.

With the aid of these funds, we’ve been able to continue our mission to help families in need through the operation of our housing programs that foster housing stability and homeownership. One of these initiatives is Pathway 1000.

The Pathway 1000 initiative seeks to build prosperity for African-Americans and others living in Portland’s North and Northeast Neighborhoods by creating 1,000 affordable homes, thousands of living wage jobs, business growth, and development for those who have been displaced or are in danger of displacement from North and Northeast Portland.

As an organization committed to community economic development, community partnerships, community engagement, and a community choice of housing options that are both stable and healthy in addition to being economically and culturally diverse; we support the Oregon Cares Fund and the great things these resources have done to help the Black Community.

Warm regards,

Kymberly Horner, Executive Director

Portland Community Reinvestment Initiative, Inc. (PCRI)

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