212 Main Street
Springfield, OR 97477
(541) 345-7106
FAX: (541) 345-9584
www.nedcocdc.org

AGENCY INFORMATION
Claire Carpenter-Seguin, Executive Director                     
Total Number of Staff:12                                                     
Housing & Community Development Staff:  6                   
Annual Operating Budget: $1,200,00    
Total Cost of Development: $12,000,000
Area Served: Lane and Marion Counties                           
Year Incorporated: 1979

Total Number of Units Developed: 161  (Rental-26;  Homeownership-135)       
Total Number of Units Under Development: 1 (Rental)

PROGRAMS AND SERVICES OFFERED

• Economic Development
• Homeownership Counseling (prepurchase and foreclosure)
• IDAs
• Mixed Use Development
• Microenterprise

MISSION
NEDCO collaboratively builds human and capital assets to strengthen neighborhoods and broaden participation in community ownership and governance.  NEDCO focuses on neighborhood revitalization, develops affordable housing, provides comprehensive homeownership and financial education and counseling, provides and homeownership IDA’s, and establishes and maintains commercial properties.  NEDCO helps people and neighborhood build assets through homeownership, neighborhood revitalization and business development.

WHO WE SERVE
NEDCO serves people who are working to reach financial goals for themselves, their families, their businesses and their communities.

KEY ACCOMPLISHMENTS

• Completion of East Blair Housing Co-op, Oregon’s first low-income co-op; owned & managed by tenants
• Purchased and refurbished the historic Brogden Feed and Seed Store, now the Red Barn Marketplace
• Created Oregon Marketplace – matching local suppliers with Oregon businesses
• Implemented the New Business Generator and Willamette Valley Community Land Trust
• Developed Threshold Homeownership Education and Counseling Program
• Purchased/ rehabilitated historic building to become permanent home of OUR Federal Credit Union
• Developed Mercado Latino, an open air Latin American Marketplace, to stimulate entrepreneurship within the Latino community and to promote cultural exchange, 2003
• Renovated the historic Baldwin Market, which includes 2 commercial businesses, with two apartments above
• Developed 132 single family homes for purchase by low-income households
• Developed  2 Homeownership Centers: Lane County and Mid Willamette Valley
• Purchased and renovated historic building in Downtown Springfield: NEDCO home office, 4 affordable apartments, Hatch: a business incubator

CURRENT PROJECTS

• Springfield Food Hub
• Hatch: Downtown Springfield Business Incubator
• NSP single family rental for displaced homeowners who lost their home through foreclosure
• Initiated two Oregon Main Street communities: Whiteaker Neighborhood, Eugene and Downtown Springfield
• New commercial building in Salem for Regional Housing Center

PARTNERS IN DEVELOPMENT
Siuslaw Bank • Lane County • Cities of Eugene, Lowell, Salem, Springfield, Stayton, Turner, and Veneta • Spirit Mountain Community Fund • Intergovernmental Housing Policy Board • Oregon Housing and Community Services Department • Rainbow Valley Design and Construction • Neighborhood Partnership Fund • Lane Community College • State Farm Insurance Companies • US Bank • The Collins Foundation • Meyer Memorial Trust • Cow Creek Umpqua Indian Foundation • Valley Individual Development Accounts (VIDA) • Oregon Homeownership Association • US Department of Urban Development • Pacific Continental Bank

STAFF PARTICIPATING IN INDUSTRY SUPPORT PROGRAMS

All housing staff