Posts Tagged ‘Foreclosure’

July 27, 2015 · by pcriadmin · Featured, PCRI

PCRI received certification in July 2015 as a U.S. Department of Housing and Urban Development (HUD) approved housing counseling agency and concurrently became an affiliate member of HomeFree-USA, a leading HUD-approved homeownership development, foreclosure intervention and financial empowerment organization.

New Homeowner 002PCRI’s certification by HUD as a housing counseling agency and affiliation with HomeFree-USA lends additional strength to PCRI’s ongoing financial empowerment programs, such as housing counseling, homeownership retention for seniors, homebuyer education and financial literacy. The certification underscores PCRI commitment and success creating lasting stability and providing pathways out of poverty for low- and moderate-income residents and community members.

“We are tremendously excited about joining forces with HomeFree-USA,” said Andrea Debnam, PCRI Resident Services Manager. “When our organizations initially came together, it was evident that we both share a passion for empowering the people we serve. As we strengthen individuals & families by providing valuable resources to improve their lives – we ultimately build healthy, vibrant communities for us all.”

Recognition as a HUD-certified counseling agency also improves PCRI’s access to funding opportunities, which help PCRI increase capacity to support the families we serve and provide support for additional families. Most of PCRI’s financial empowerment programs are free of charge for residents and community members. Utilizing these programs, participants have reduced debt, increased credit scores, become first-time home buyers, and created stability which benefits their families immediately and for future generations.

PCRI, more than ever, is committed to empowering Portland families to achieve stability, self-sufficiency and wealth creation, including the American dream of homeownership.

HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way they do business.

HomeFree-USA is a leading HUD-approved homeownership development, foreclosure intervention and financial empowerment organization. HomeFree-USA and its affiliates improve the financial position and enrich the lives of every-day people through homeownership and credit management.

For more information about PCRI or our financial empowerment programs, visit www.pcrihome.org/programs or call (503) 288-2923.

October 26, 2011 · by pcriadmin · MHAC

Portland Housing Bureau recently extended and expanded funding for the Minority Homeowners Assistance Collaborative (MHAC) to continue to assist senior homeowners through their Free Homeownership Retention Program.  MHAC is a partnership formed by Portland Community Reinvestment Initiatives, Inc. (PCRI), the African America Alliance for Homeownership (AAAH), Hacienda CDC and NAYA Youth and Family Center.  Due to the success of last year’s program serving seniors in North and Northeast Portland, the program has been expanded to provide services to seniors living throughout the City of Portland.

Last year, the MHAC Homeownership Retention Program served over 100 residents of North and Northeast Portland, providing resources and referrals that connected seniors to organizations offering free services to help seniors maintain homeownership. The types of resources and referrals included assistance with:  free home repair, utility assistance, tax deferments, free legal assistance and free foreclosure prevention service.

The Free Homeownership Retention Program is for seniors ages 55 or older who live in the City of Portland, own their own home and need supportive services or referrals to prevent foreclosure.

If you are a senior homeowner over the age of 55 years of age or know senior homeowners that need support and resources to maintain homeownership, please visit www.mhacportland.org or contact Shalonda Menefee.  Shalonda can be reached by phone at (503) 288-2923 extension 123 or by email.

March 4, 2011 · by pcriadmin · PCRI

Portland Community Reinvestment Initiatives (PCRI), in conjunction with our Minority Homeowner Assistance Collaborative (MHAC) partners, is hosting a forum Tuesday, March 15, 2011 from 6:00 – 8:00 p.m. to address the challenges African-American seniors are facing to maintain homeownership.

The evening forum is an opportunity for Portland seniors to discuss the challenges they are facing—financial and otherwise.  Just as important, it is an opportunity for PCRI and our community partners to connect with seniors to brainstorm solutions that will provide the assistance necessary to overcome these challenges.

PCRI and other MHAC partners will be available during the forum to answer questions and provide information about our free homeownership retention program.  The program is available to assist Portland seniors with experienced, culturally-specific services including one-on-one counseling, individualized coaching and advocacy, connections with community services and direct financial assistance.

The forum will be held at Oregon Association of Minority Entrepreneurs (OAME), 4134 N Vancouver Avenue at Skidmore in Portland.  For more information, individuals can contact Homeownership Retention Coordinator Shalonda Menefee at 503-288-2923.

June 29, 2010 · by pcriadmin · PCRI

If you follow PCRI on Twitter or you’re our fan on Facebook, you may have already heard that PCRI, as part of the Minority Homeownership Assistance Collaborative (MHAC), has received a $120,000 grant from the Portland Housing Bureau (PHB).  The grant enables our collaborative (which also includes the African American Alliance for Homeownership (AAAH), Native American Youth and Family Center (NAYA) and Hacienda CDC) to help North and Northeast Portland homeowners who are at risk of losing their homes to foreclosure.  It also helps us assist these homeowners with necessary maintenance and legal issues.

Portland Housing Bureau put it this way:

Leaders of the North and Northeast Portland community have witnessed and reported to PHB an ongoing trend of long-standing, low-income homeowners experiencing foreclosure, lost equity and displacement from the community due to a variety of factors that include legal complications like cloudy title and probate issues, preventable foreclosures related to property taxes and Medicaid recovery, predatory lending, and unaffordable home maintenance. Community leaders have indicated that low- and moderate-income homeowners – particularly seniors and members of communities of color – may have challenges accessing existing community programs that could help.

PCRI, in concert with MHAC, applied to Portland Housing Bureau for funding to provide just this sort of outreach and support.  Our goal–as well as PHB’s–for this program is to help low-income senior homeowners in the North and Northeast Portland area to retain their homes as well as their equity interest in their homes.

Portland Housing Bureau chose our proposal, saying PCRI and our MHAC partners “demonstrated a long, positive history of working in N/NE, particularly within minority communities and with disadvantaged and at-risk residents.”

With this funding, our collaboration aims to help about 80 homeowners who are at risk for foreclosures.  The program will offer senior homeowners in North and Northeast Portland a helping hand to navigate the resources needed to maintain and retain their homes.

“Coalition members have strong ties to the African-American, Latino and Native American communities, and are well-positioned to provide culturally competent services to homeowner elders who may be worried about their homes,” says Margaret Van Vliet, PHB Director. “By combining PCRI, Hacienda CDC, NAYA, and the African American Alliance for Homeownership, MHAC has an extended network of contacts and large amount of trust in the community, as well as a solid infrastructure of programs and staff. We are confident that their relationship-focused approach will effectively mitigate loss of homeownership and displacement in the target neighborhoods.”

When it is up and running, the MHAC program will provide personal assistance to residents to identify their risks, create an action plan, help homeowners communicate with government agencies, banks and other organizations and will provide support to carry out the action plan.  Each member of the coalition brings unique and valuable connections to maximize our outreach efforts: community groups, religious organizations, housing partners, senior and community centers and other local agencies and organizations.

“Funding from  this grant is crucial in helping some of our most vulnerable community members be able to maintain homeownership and have a legacy to pass to the next generation,” says  Deborah Turner, PCRI’s Deputy Director.

The program is expected to be launched in July. Homeowners seeking help may call PCRI at 503-288-2923 and ask for the Homeownership Retention staff.

In addition to funding for this program, Portland Housing Bureau provided much of the information in this post.  You can read the original post (and see a great photo of PCRI’s Deborah Turner and Charles Funches) here.