Posts Tagged ‘Pathway 1000’

October 29, 2018 · by pcriadmin · Featured, Grant Warehouse, Pathway 1000, PCRI

PCRI invites partners and community members to the Beatrice Morrow Cannady Building for a grand opening celebration on November 8 from noon to 2:00 p.m.

PCRI Executive Director Maxine Fitzpatrick, PCRI staff, and board members will welcome Portland Mayor Ted Wheeler, Commissioner Dan Saltzman, other local officials, nonprofit leaders and business partners for festivities including a ribbon-cutting ceremony, food, entertainment, and a building tour.

The new mixed-use commercial and residential building will provide 80 affordable rental homes prioritized for residents displaced from North and Northeast Portland and community-serving commercial retail space.

Those interested in attending should RVSP their attendance via email or to 971-388-3117. The Beatrice Morrow Cannady building is located at 3340 NE Martin Luther King Jr. Blvd., in Portland, Oregon.

September 10, 2018 · by pcriadmin · Awards, Featured, Pathway 1000, PCRI

PCRI’s Pathway 1000 initiative earned Bank of America’s Innovator Award at the 2018 Housing Oregon Conference. Bank of America’s Sindy Spivak presented the award to Executive Director Maxine Fitzpatrick at the September 7, 2018 conference.

Sindy Spivak of Bank of America (left) presents the Innovator Award check to PCRI’s Maxine Fitzpatrick and Travis Phillips (center) with Housing Oregon Director Brian Hoop (right).

The Innovator Award recognizes the replicability and opportunity Pathway 1000 achieves by addressing generational poverty, mitigating displacement and combatting historic inequities.

“We are really excited to say that we are awarding this year’s Innovator Award to PCRI’s Pathway 1000 project.  It is an exciting, innovative and replicable model to address historic equity issues with a pragmatic achievable plan for homes,” said Jan Laskey, Senior Vice President, NW Community Development Banking at Bank of America Merrill Lynch.

Along with the award’s recognition, Bank of America presented PCRI with a $2,500 grant, which PCRI will use to offset closing costs for 25 new homebuyers.

“We are honored to have this distinction,” said Fitzpatrick. “More importantly – twenty-five new home owners will benefit from this grant.”

Pathway 1000 sets an ambitious goal to develop 1,000 new homes over the course of 10 years. The new homes, including units for rent and for ownership, will be prioritized for families displaced or at risk of displacement from North and inner Northeast Portland. Eighty new homes at the Beatrice Morrow Cannady building will be complete in September, 2018. Nearly 100 additional homes are currently under construction or in final stages of development and permitting.

August 31, 2018 · by pcriadmin · Featured, Pathway 1000, PCRI

As part of the Pathway 1000 initiative, PCRI is excited to host a seminar on September 26 focused on helping future homebuyers “get ready to be ready.” RSVP online and join us to learn what you need to know about income, debt, and getting prepared. PCRI’s homeownership team (pictured below) will help you understand how to make homeownership a reality, how much you may be able to afford, and where you can turn for help.

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

Date:  Wednesday, September 26, 2018

Time:  6:00 p.m. – 7:30 p.m.

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

RSVP by 9/21: via PCRI’s our Eventbrite registration page HERE.

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.

June 27, 2018 · by pcriadmin · Featured, New Construction, Pathway 1000, Uncategorized

Crews poured the homes’ concrete foundation and slab in May 2018.

PCRI and Albina Construction began development of four new townhomes on N Williams Avenue in April 2018. Construction of the new homes is proceeding briskly, with foundation and walls quickly taking shape. When complete in late-2018, the new homes will be sold to qualifying first-time buyers and will be prioritized for households displaced or at risk of displacement from North and inner Northeast Portland.

Neighbors and passers by have likely noticed significant activity at the site during the past few months as Albina Construction’s crews cleared the site, formed and poured the foundation, framed the homes’ walls. In addition, the City of Portland’s Urban Forester oversaw work performed close to the large tree next to the street, which was preserved and pruned to ensure it would safely clear the future homes.

Youth in the POIC program joined Albina Construction on the jobsite in May 2018.

In late-May 2018, a group of students from the Portland Opportunities Industrialization Center (POIC) joined Albina Construction to learn more about the work happening at site. POIC provides education, job training and more for students enrolled in the program and is a key partner mentioned in PCRI’s Pathway 1000 Implementation Plan, increasing the participation of minority youth in good-paying construction trades.

Four new 2- and 3-bedroom townhomes, certified to meet Earth Advantage green building standards, are being built 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.

 

Additional information about PCRI’s Homeownership Initiatives can be found HERE. Prior updates and information about the Williams Townhomes can be found HERE. Completion of the four townhomes on N. Williams Avenue is anticipated in late 2018, with additional homeownership developments in N/NE Portland slated to begin construction in summer 2018 for completion in early 2019. Click on the gallery below for larger images.

May 23, 2018 · by pcriadmin · 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 pcriadmin · 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 pcriadmin · 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 pcriadmin · 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.

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