(formerly Portland Community Land Trust)

5288 N. Interstate Ave.
Portland, OR 97217
(503) 493-0293
www.proudground.org

AGENCY INFORMATION
Jesse Beason, Executive Director

Total Number of Staff: 8 (6.25 FTE)
Annual Operating Budget: $680,000
Total Cost of Development: $24,000,000
Area Served: Greater Portland Area
Year Incorporated: 1999

Total Number of People Housed (total persons in households as of Nov. 30, 2010): 366 total household members (145 households) served since 1999. Note: numbers are as of time of closing; many households go on to have children after they become homeowners, but we do not track post-closing statistics
Total Number of Units Developed: 123 (all homeownership)
Total Number of Units Under Development: 41 (all homeownership)

PROGRAMS AND SERVICES OFFERED

• Homeownership Counseling – Foreclosure
• Homeownership Counseling – Pre-purchase
• Green Building

MISSION
To advance individual and community prosperity by investing in buildings, homes and families.

WHO WE SERVE

While we serve all families earning below 80% median family income, Proud Ground’s priority is addressing the disparities among communities of color who have historically lower homeownership rates in the Portland area. We are committed to healthy and efficient buildings that support healthy families; projects use Oregon High Performance Homes, Earth Advantage, and LEED for Homes certification processes and guidelines.  Finally, recognizing that the need does not end at city lines, Proud Ground has expanded its service area.  We recently received funding to serve the City of Gresham and we are working to address the need in Washington County.

KEY ACCOMPLISHMENTS

• 145 households served since 1999
• 123 permanently affordable homes in portfolio
• $126,900: Median Proud Ground home price in 2010, vs. $220,000 for a market-rate home in Portland
• Distributed $10.1 million in subsidy to make homes affordable since 1999; to make those same homes affordable today would require approximately $11.6 million in investment.
• Proud Ground retains a 0% foreclosure rate among homeowners

CURRENT PROJECTS

Proud Ground development:

• Administer $1.1 million in NSP funds in partnership with NAYA Family Center; will result in 11 units.
• 12 courtyard housing units in Lents
• Administer 7 buyer-initiated grants in Gresham, in partnership with NAYA Family Center and Community Vision

Partner development:

• 16 condominium units with Cityhouse Builders LLC (NE MLK & Rosa Parks)
• 9 acquisition and rehabilitation units in N. Portland with Cityhouse Builders LLC
• 2 acquisition and rehabilitation units in Lents with ROSE CDC

PARTNERS IN DEVELOPMENT
Current community partners and key funders: Adrian Dominican Sisters • Bank of America Foundation • Cityhouse Builders LLC • The Collins Foundation • Community Vision • Generations Fund • HomeStreet Bank • JP Morgan Chase • Minority Homebuyer Assistance Collaborative • Native American Youth & Family Center • Orange Splot LLC • Portland Development Commission • Portland Housing Bureau • Portland Housing Center • Portland YouthBuilders • Religious Communities Investment Fund • ROSE Community Development Corporation • Sisters of Charity, Seton Enablement Fund • Umpqua Bank • US Bancorp Foundation • Wells Fargo & The Wells Fargo Housing Foundation

STAFF PARTICIPATING IN INDUSTRY SUPPORT PROGRAMS

Jesse Beason Homeownership Development
Destin Ferdun Homeownership Development
Edward Gutiérrez Homeownership Education & Counseling
Katie Ullrich Homeownership Education & Counseling
Maurice Higdon Fiscal Managers
Angela Fujii Homeownership Education & Counseling