Posts Tagged ‘Pathway 1000’

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 24, 2017 · by pcriadmin · Featured, New Construction, PCRI, The Beatrice Morrow

2017.05.25 B MorrowConstruction activity started on the Beatrice Morrow apartments in late May 2017. The development has the honor of being the first major housing development in Portland owned, developed, designed, and built by organizations led by African Americans: PCRI as owner and developer, Carleton Hart Architects, and Colas Construction as general contractor. In addition, apartments in the completed building will be prioritized for residents previously displaced from neighborhoods that were home to the city’s greatest concentrations of African Americans.

Immediately upon closing the project’s financing, Colas Construction began to mobilize their construction equipment and crews for development of the site named to honor Portland civil rights pioneer Beatrice Morrow Cannady. The development team is confirming details of any construction-related impacts to the neighborhood and will be communicating this information out to neighbors as soon as it is available. Completion of the 80-unit mixed-use commercial and residential building is anticipated in mid-2018 and all apartments are expected to be leased by the end of 2018.

“This project was an honor to close,” said Jodi Enos, Assistant Vice President and CDC Account Manager for U.S. Bank, the project’s investor. “The impact it will have in the community to fight gentrification is unparalleled. ”

The five-story building will be built along NE Martin Luther King Jr. Blvd between Cook and Ivy Streets. In addition to the apartments in the building’s upper floors, the ground floor will include over 6,000 square feet of commercial retail space as well as a large community room for use by the building’s residents and members of the neighborhood.

Project Partners, PCRI, and local officials joined a groundbreaking celebration for the Beatrice Morrow development

Project partners, PCRI, and local officials joined a groundbreaking celebration for the Beatrice Morrow development

“This is an important opportunity to provide access to affordable family rental housing in a neighborhood that has experienced displacement and gentrification in the past several decades,” said Ms. Fitzpatrick at a groundbreaking celebration in April 2017. “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.”

In addition to ensuring stability for residents, the development team has had a particular focus on creating equitable economic opportunity in the creation of the project, including partnership with Colas Construction and Carleton Hart Architects. Professional services contracted during the project’s design phase have been overwhelmingly focused on minority- and women-owned firms. In addition, Colas Construction anticipates at least 30-40% of the project’s construction will be performed by certified minority-owned, women-owned, and emerging small business firms.

Project partners include development consultant Gerding Edlen, U.S. Bank, Portland Housing Bureau, Oregon Housing and Community Services, Bellwether Enterprise Real Estate Capital, Home Forward, and Meyer Memorial Trust.

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.

April 27, 2017 · by pcriadmin · Featured, Pathway 1000, PCRI, The Beatrice Morrow
PCRI Ground Breaking 040717_NH12039

PCRI and Mayor Wheeler celebrated groundbreaking of the Beatrice Morrow on April 7

On April 7, PCRI and Portland Housing Bureau welcomed Portland Mayor Ted Wheeler, city officials, nonprofit leaders, and business partners for a groundbreaking celebration. Named to honor Portland civil rights pioneer Beatrice Morrow Cannady, the 80-unit mixed-use commercial and residential building will be the first city-funded project to use Portland Housing Bureau’s Preference Policy to prioritize rental homes for previously-displaced residents.

Following the groundbreaking celebration, Ms. Morrow Cannady’s great grandson heard news of the development and reached out to PCRI to share his enthusiasm and appreciation.
“I can’t tell you how much this means to me and my daughters! Beatrice Morrow Cannady was my great grandmother and she has been a beacon of inspiration to our family for generations,” he said. “It wasn’t until I was in medical school that I began to learn of her contributions to our people and our nation. I have her law school diploma framed and hanging in my home office next to my medical school diploma!”

PCRI Ground Breaking 040717_NH12006The five-story building will be built along NE Martin Luther King Jr. Blvd between Cook and Ivy Streets. It includes 80 affordable rental homes for residents displaced from North and Northeast Portland. Forty-four of the 80 apartments will have two or more bedrooms. In addition to the apartments in the building’s upper floors, the ground floor will include over 6,000 square feet of commercial retail space as well as a large community room for use by the building’s residents and members of the neighborhood. Construction is anticipated to be complete in mid-2018 and all apartments are expected to be leased by the end of the year.

“This is an important opportunity to provide access to affordable family rental housing in a neighborhood that has experienced displacement and gentrification in the past several decades,” said Ms. Fitzpatrick. “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.”

Of the total project budget of $25 million, the city will loan the development $7.35 million in Interstate Urban Renewal Area funds and will grant the land to the project. In September 2015, the Portland Housing Bureau selected the team led by PCRI to develop and own the project through a competitive “Request for Qualifications” process. Other team members include Gerding Edlen, development partner for the project; Colas Construction, the project’s general contractor; and Carleton Hart Architects.

PCRI Ground Breaking 040717_NH12051

Andrew Colas, PHB Director Kurt Creager, Maxine Fitzpatrick and Commissioner Dan Saltzman at the groundbreaking

The development team has had a particular focus on creating equitable economic opportunity in the development of the project, including partnership with Colas Construction and Carleton Hart Architects, both minority-owned firms. Professional services contracted during the project’s design phase have been overwhelmingly focused on minority- and women-owned firms. In addition, Colas Construction anticipates at least 30-40% of the project’s construction will be performed by certified minority-owned, women-owned, and emerging small business firms.

“There was intentional gentrification and displacement of African Americans in our community,” Mayor Ted Wheeler said in a March 22 meeting where Portland City Council voted unanimously to approve city financing for the development. “This project… puts Portland in the unique position of being the first in the country to not only acknowledge that displacement as a result of gentrification, but it puts us in the unique position of seeking to reverse it.”

In addition to the Portland Housing Bureau, project partners include Oregon Housing and Community Services, U.S. Bank, Bellwether Enterprise Real Estate Capital, Home Forward, and Meyer Memorial Trust.

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