Archive for the ‘Pathway 1000’ Category

May 23, 2018 · by Travis Phillips · Featured, Pathway 1000, PCRI

Following the release of the Pathway 1000 Implementation Plan, PCRI and Flossin Media recently produced the Pathway 1000 Magazine, a companion publication which focuses on the people working to implement the Pathway 1000 initiative. With its goal to deliver at least 1000 new affordable homes for rent and for sale, Pathway 1000 is PCRI’s ambitious 10-year displacement mitigation initiative.

Comprised of interviews with PCRI staff and board members as well as community partners, the Pathway 1000 Magazine details team members’ connections to the work and strategies to implement the initiative. Click on the magazine cover (right) for online or downloadable versions of the magazine.

“I began to look at the plans, listened to Maxine’s dream and after talking about and reflecting upon homeownership and affordable housing, it became more of a reality to me that [Pathway 1000] CAN be done,” said Dr. T. Allen Bethel, PCRI Board Chair.

Prepared by PCRI, its partners and collaborators, Pathway 1000 is informed by a participatory community engagement process. It differs from community development initiatives planned by local public agencies because Pathway 1000 is community driven, community informed, community advocated, and community built. The Plan focuses on housing stability, wealth creation through homeownership, and subsequently a reduction in poverty, in particular, the generational poverty that exists in Portland’s Black community. The initiative also has goals to create hundreds of living wage jobs through business growth and development.

“We believe our approach can be a model for other communities in Portland and elsewhere in the country that are impacted by gentrification and displacement,” said Maxine Fitzpatrick, PCRI’s Executive Director. “We are addressing the housing issues caused by income disparities in the City of Portland and State of Oregon. We are offering corrective measures and long-term solutions. The Plan addresses unemployment, underemployment, wage disparities and the unequal treatment that led to these disparate outcomes.”

Formed 25 years ago in response to a housing crisis created by redlining and predatory lending practices, PCRI is a non-profit community development corporation with a mission to preserve, expand and manage affordable housing in the City of Portland and provide access to and advocacy for services to residents. PCRI hosted a launch celebration and media event for the Pathway 1000 Implementation Plan on April 18, 2018.

Check out media coverage from OPB. More information about Pathway 1000 is available on PCRI’s website and the Pathway 1000 website. For media inquiries, contact Fawn Aberson at Flossin Media.

May 14, 2018 · by Travis Phillips · Featured, Pathway 1000, PCRI

As part of the Pathway 1000 initiative, PCRI is excited to host a seminar on May 30 all about mortgages. RSVP online and join us to learn what you need to know before you begin shopping. We’ll answer questions like how to get a mortgage loan and what the process is like. What it means to be mortgage ready or what questions to ask when selecting a lender. And what is a FHA, VA or Conventional loan?

Space is limited, so don’t wait to sign up!

Date:  Wednesday, May 30, 2018

Time:  6:00 p.m. – 7:30 p.m.

Where: PCC Cascade Campus, Terrell Hall Rm 101 (705 N Killingsworth St.)

RSVP by 5/28: visit our Eventbrite page at: http://pcri-homeownership.eventbrite.com/

Interested in more information about PCRI’s financial education or homeownership programs? Learn more HERE. Additional classes are offered each month; check HERE for more information.

For questions or more information contact PCRI’s homeownership team by email or by phone at (503) 288-2923 x102. Click the flyer (above, right) for a downloadable version.

April 16, 2018 · by Travis Phillips · Featured, Pathway 1000, PCRI

Media and community joined PCRI for a Pathway 1000 launch event. Photo courtesy Flossin Media

PCRI invited the press and the community to celebrate the completion of the Pathway 1000 Implementation Plan, a bold and ambitious 10-year displacement mitigation initiative. On Tuesday, April 18, 2018, PCRI hosted a launch celebration and media event at its offices at 6329 NE Martin Luther King Jr. Blvd.

Prepared by PCRI, its partners, and collaborators and informed by a participatory community engagement process, the Plan contains collaborative, inclusive and integrated goals, strategies and actions to raise and invest $300 million over the next ten years. The Plan sets a roadmap to create 1,000 affordable homes for Blacks and others displaced or in danger of displacement from North and Northeast Portland, of which 800 will be sold to new homeowners. The initiative will create hundreds of living wage jobs and spur significant business growth and development.

“We need only to examine promises made, and apologies received, to know what is needed is more than words containing promises and apologies can provide. Action is required,” PCRI Executive Director Maxine Fitzpatrick said. “Pathway 1000 will go beyond apologies and promises. We are addressing the housing issues caused by income disparities in the City of Portland and State of Oregon. We are offering corrective measures and long-term solutions. The Plan addresses unemployment, underemployment, wage disparities and the unequal treatment that led to these disparate outcomes.

Pathway 1000 differs from community development initiatives planned by local public agencies because it is community driven, community informed, community advocated, and community built. The Plan focuses on housing stability, wealth creation through homeownership, and subsequently a reduction in poverty, specifically the generational poverty that exists in Portland’s Black community. Moreover, Pathway 1000 has intentionally developed strategies that are not reliant on deep and ongoing public funding to catalyze construction and sustain the momentum.

“We believe our approach can be a model for other communities in Portland and elsewhere in the country that are impacted by gentrification and displacement,” added Fitzpatrick.

Formed 25 years ago in response to a housing crisis created by redlining and predatory lending practices, PCRI is a non-profit community development corporation with a mission to preserve, expand and manage affordable housing in the City of Portland and provide access to and advocacy for services to residents.  As the Executive Director of PCRI for over 24 years, Fitzpatrick has been a tireless advocate for affordable housing and culturally responsive support services for households in the N/NE Portland community.

Check out media coverage from OPB. More information about Pathway 1000 is available on PCRI’s website and the Pathway 1000 website. For media inquiries, contact Fawn Aberson at Flossin Media.

March 5, 2018 · by Travis Phillips · Featured, Pathway 1000, PCRI

Team members break ground with golden shovels. From L-R: Travis Phillips and Maxine Fitzpatrick, PCRI; Dennis Harris, Albina Construction; Brett Schulz, Brett Schulz Architect.

On February 27, PCRI hosted a crowd of future and past home buyers, community members, media, and partners for a groundbreaking celebration at the site of new townhomes for first-time homebuyers. The to-be-constructed homes are part of PCRI’s Pathway 1000 Initiative, which aims to develop 1,000 new homes for rent and for sale during the next 10 years.

“The goal is to help people displaced by gentrification move back into the neighborhood,” relayed Ken Boddie of KOIN 6 news. Check out his coverage of the event below and in his Where We Live feature.

Four new homes for sale to low- and moderate-income first-time buyers will be developed on the site. The completed homes will be prioritized for families displaced from North and Northeast Portland and families at risk of displacement.

“PCRI was formed as, and continues to be, a solution to involuntary displacement. This project will help ensure everyone can experience the stability, safety and dignity that a home provides,” said Maxine Fitzpatrick, Executive Director of PCRI.

Construction is expected to begin in April 2018, and is anticipated to be complete in early fall 2018. Other developments planned to begin construction later in the year will provide additional opportunities for families to build intergenerational assets through homeownership. Down payment assistance for the future homeowners will be provided by the City of Portland Housing Bureau as part of its N/NE Neighborhood Housing Strategy.

Additional project partners include Albina Construction, Brett Schulz Architect, Beneficial State Bank, Wells Fargo Housing Foundation, and Meyer Memorial Trust.

February 4, 2018 · by pcriadmin · Featured, Pathway 1000, PCRI

PCRI’s Homeownership Education and Counseling program is proud to announce workshops and home buyer orientation sessions for 2018. The PCRI program assists low- and moderate-income first-time buyers in creating a successful homeownership plan. Twice-monthly orientations are the first step to enroll in the program and start on the path to becoming a homeowner. In addition, monthly workshops focus on specific parts of the home buying process, issues related to credit and debt, and other relevant topics.

Download a PDF document with dates and information about all of PCRI 2018 workshops or visit PCRI’s Eventbrite page to learn more and register. Homeownership orientations are held the first and third Wednesdays of the month, workshops are generally held the last Wednesday of the month.

In addition to workshops and orientations, one-on-one counseling is part of the program and is designed to help buyers overcome obstacles that would prevent affordable mortgage financing. We analyze financial and credit situations, identify barriers, and develop a plan to remove these barriers. We also work to assist participants with debt-load management by preparing a manageable monthly budget plan.

February 1, 2018 · by pcriadmin · Featured, Pathway 1000, PCRI

PCRI’s Homeownership Education and Counseling program assists low- to moderate-income first-time buyers in creating a successful homeownership plan. Twice-monthly orientations are the first step to enroll in our program and start on the path to becoming a homeowner. Register HERE.

One-on-one counseling is part of the program and is designed to help buyers overcome obstacles that would prevent affordable mortgage financing. We analyze financial and credit situations, identify barriers, and develop a plan to remove these barriers. We also work to assist participants with debt-load management by preparing a manageable monthly budget plan.

We invite you to enroll in an orientation and get started!

When: the first Wednesday of each month at 1 p.m. and the third Wednesday at 6 p.m.

Where: PCRI Annex, 6601 NE Martin Luther King Jr. Blvd.
(two blocks north of PCRI’s main office)

Visit the PCRI Homeownership page on Eventbrite to view available times and register for an orientation.

January 26, 2018 · by Travis Phillips · New Construction, Pathway 1000

PCRI invites the community to join us, Albina Construction, Brett Schulz Architect and other partners on February 27 to break ground on the first homes for purchase by first-time homebuyers as part of our Pathway 1000 Initiative.

Four new townhomes will be built in a prime location of North Portland, the first of many homeownership developments in PCRI’s Pathway 1000 Initiative. These new homes, for sale to low- and moderate-income first-time buyers will be prioritized for families displaced from North and Northeast Portland and families at risk of displacement.

For more information about the groundbreaking event or to RSVP for the event, email us HERE.

“PCRI was formed as, and continues to be, a solution to involuntary displacement. This project will help ensure everyone can experience the stability, safety and dignity that a home provides,” said Maxine Fitzpatrick, Executive Director.

Four new 2- and 3-bedroom townhomes, certified to meet Earth Advantage green building standards, will be developed on the site. The homes will be two and three stories (for 2- and 3-bedroom sizes, respectively) and have been designed to fit with existing neighborhood scale. Front, rear and side yards and walkways help ensure reasonable separation from neighboring homes and maintain the scale and feel of the neighborhood. A condo association for the completed homes will maintain the building’s exterior and landscaping.

Construction will begin in February 2018, and is anticipated to be complete in late summer or early fall 2018. Other developments planned to begin construction in summer 2018 will provide additional opportunities for families to build intergenerational assets through homeownership.

“To be owning a home, to be investing in our own personal asset and someday pass it on to our daughter, it’s a great feeling,” said Genté Shaw, a PCRI client and first-generation homeowner.

Down payment assistance for the future homeowners will be provided by the City of Portland Housing Bureau as part of its N/NE Neighborhood Housing Strategy.

The development team is being led by PCRI. In conjunction with the National Association of Minority Contractors – Oregon and Minority Contractor Improvement Partnership (MCIP), PCRI selected Albina Construction to build the new homes due to their deep roots in N/NE Portland and their commitment to opportunity for local and minority subcontractors and workforce. Albina Construction owners Dennis Harris and Caitlin MacKenzie are pictured above. Additional project partners include Brett Schulz Architect, Beneficial State Bank, Wells Fargo Housing Foundation, and Meyer Memorial Trust.

January 22, 2018 · by pcriadmin · Featured, Pathway 1000

african-american-couple-buying-home1-2PCRI will host a informational event on March 3, 2018 for its Pathway 1000 Initiative. At the event, families and individuals can learn about homeownership and other opportunities available as part of the initiative, as well as more information about the initiative and its goal of ending involuntary displacement.

The event will be held at Portland Community College’s Workforce Training Center at 5600 NE 42nd Avenue (at Killingsworth) on March 3, 2018, from 10:00 a.m. to 1:00 p.m. Refreshments will be provided; RSVPs are requested, but not required. Questions can be sent to PCRI via email.

Pathway 1000 is a displacement mitigation initiative created by PCRI and informed through community outreach and feedback. In addition to mitigating displacement, the initiative Arika and Jenniferaims to reclaim the historic heart and soul of Portland’s African American community, building prosperity for African Americans and others displaced from North and Northeast Portland through the development of 1,000 new affordable homes during the next decade. This development will create hundreds of living-wage jobs, business growth and additional development opportunity throughout the duration of the 10-year initiative.

In addition to individuals and families interested in learning about homeownership opportunity, industry professionals are encouraged to attend to learn more about how their organization or business can participate in the initiative. Attorneys, architects, finance professionals, contractors and others are invited to join in the Pathway 1000 initiative.

October 16, 2017 · by pcriadmin · Featured, Pathway 1000

PCRI hosted a Charity of the Day event at Oregon Public House all day Tuesday, November 14, 2017. To celebrate the launch of the Pathway 1000 Initiative, PCRI hosted a Pathway 1000 happy hour celebration with drinks and entertainment in the OPH’s Village Ballroom, just upstairs. Oregon Public House and the Village Ballroom are located at 700 NE Dekum Street, just a few blocks from PCRI’s office.

Oregon Public House donated to PCRI a portion of the pub’s food and drink sales to benefit the Initiative.

PCRI’s Pathway 1000 launch celebration in the ballroom included live music and spoken word by local artists, with wine and beer for sale. 100% of the drinks sold in the ballroom benefitted PCRI and our Pathway 1000 Initiative.

May 16, 2017 · by pcriadmin · Featured, Pathway 1000, Uncategorized

Thanks to a grant from the Wells Fargo Housing Foundation announced May 15, Portland Community Reinvestment Initiatives will have additional resources to meet the needs of a rapidly-growing homeownership education program. The grant will help support increased attendance in PCRI’s program as well as new program orientation sessions and post-purchase support.

PCRI Executive Director Maxine Fitzpatrick (2nd from left) accepts a grant from local Wells Fargo executives, left to right: Andrew Tweedie, Community Affairs officer; Tracy Curtis, Regional President; and Cobi Lewis, Community Development officer. PCRI will use the $100,000 grant to build 22 affordable homes for sale to low-income buyers displaced from N/inner NE Portland

PCRI Executive Director Maxine Fitzpatrick (2nd from left) accepts a grant from local Wells Fargo executives in January 2017, left to right: Andrew Tweedie, Community Affairs officer; Tracy Curtis, Regional President; and Cobi Lewis, Community Development officer. PCRI will use the $100,000 grant to build 22 affordable homes for sale to low-income buyers displaced from N/inner NE Portland

PCRI has experienced a sharp increase in participation in its homeownership program in the last year and anticipates further increases in participation due to a recent Portland Housing Bureau initiative prioritizing first-time home buyer assistance for families with roots in North and Northeast Portland. Many prospective homeowners introduced to PCRI’s program through the PHB initiative have already begun working toward homeownership with PCRI’s support.

“Homeownership is the most effective way for most families to achieve and retain stability within their community,” said Andrea Debnam, PCRI’s Manager of Resident Services. “This grant will help PCRI clients realize their dreams and build assets through homeownership, breaking cycles of poverty.”

PCRI offers comprehensive and culturally specific resident services, including the homeownership education program, to residents and the larger community. PCRI also partners with industry professionals to deliver workshops and individual support focused on every aspect of home buying and ownership. After purchasing a home, PCRI remains connected to buyers, providing post-purchase support. In addition, PCRI provides homeownership retention and referral programs to help senior homeowners age in place and retain homes they currently own.

The homebuyer education program is a component of a larger PCRI initiative aimed to mitigate displacement and bridge minority homeownership gaps: Pathway 1000. The initiative aims to develop 1,000 new homes during the next 10 years, prioritized for residents involuntarily displaced or at risk of displacement from North and inner Northeast Portland. In addition to current rental projects under development, PCRI is developing more than 20 homes for purchase by first time buyers in the next two years. Wells Fargo Housing Foundation previously committed $100,000 in support for the homeownership initiative through its Priority Markets Program (grant presentation pictured above). In addition, down payment assistance totaling over $1.7 million is committed for these buyers by the City of Portland Housing Bureau.

Since 2004, PCRI has successfully provided culturally-specific homeownership education, counseling services, and financial assistance to low- and moderate-income residents living in PCRI housing and in the larger community. Interest in PCRI’s homeownership program has nearly doubled in the last year and, with increased development of homes for purchase associated with the Pathway 1000 initiative, attendance is expected to continue to increase. The Wells Fargo Housing Foundation grant will help PCRI meet increased service needs as well as develop new programs.

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