Posts Tagged ‘MHAC’

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.

June 27, 2011 · by pcriadmin · PCRI

PCRI is always working to ensure opportunities for stable housing within our community, but we can’t always do it alone.  To reach even more homeowners–and prospective owners–we joined forces with The African American Alliance for Homeownership, Hacienda CDC and Proud Ground and formed the Minority Homebuyer Assistance Collaborative (MHAC).

The MHAC partnership was created nearly five years ago to directly address the challenges faced by communities of color in successfully pursuing homeownership.  Our coalition of local nonprofit organizations tackles these challenges through culturally specific homebuyer education and counseling services that are offered in both in English and Spanish. In addition to homebuyer education, MHAC makes small grants available to help households on their way to homeownership.

Most recently, the collaborative has added homeownership retention to our resume.  Through this retention program, we are working to assist seniors facing foreclosure and other ownership challenges through personal advocacy, one-on-one consultations and connections to community resources.

As the needs for each of these programs and services grow, so does our partnership – and later this week, we’ll have a new website where we’ll be adding information about the services provided by the MHAC partners and links to community resources.  Individuals and families seeking assistance can always contact us at (503) 288-2923.

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.

November 15, 2010 · by pcriadmin · PCRI

Earlier this month PCRI, in concert with our Minority Homeowner Assistance Collaborative (MHAC) partners announced an upcoming application for Down Payment Assistance Loans (DPAL) funded by the Portland Housing Bureau (PHB).  Well, home buyers–here it is!

The Down Payment Assistance Loans are available to lower-income Portland families and are one way the MHAC is working to assist minority home buyers toward their goals of home ownership.

Individuals and families interested in (or with questions about) the program may contact Charles Funches, Homeownership Program Manager, for additional information or download the application here.  Links to the application are also available on our main website under Homeownership and Resident Services Programs pages.

November 1, 2010 · by pcriadmin · PCRI

PCRI announced in June our participation in the Minority Homeowner Assistance Collaborative (MHAC).  In September 2010, the Portland Housing Bureau awarded PCRI and our MHAC partners $600,000 in Down Payment Assistance Loans for lower-income Portland families.  This down payment assistance is one way the Collaborative is working to assist minority home buyers toward their goals of home ownership.  Please read below for an important update on the status of DPAL applications.

Release of the Down Payment Assistance Loan application has been postponed from November 1st to later in the month.  The delay is a result of the DPAL program needing to be modified in order to be compatible with current mortgage lending guidelines.

PCRI and MHAC will release the new application as soon as these issues have been resolved and new guildelines have been adopted by the Portland Housing Bureau.  The projected release date of the DPAL application is November 15th.

Individuals and families interested in (or with questions about) the program may contact Charles Funches, Homeownership Program Manager, for additional information.