(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: $580,000
Total Cost of Development: $22,000,000    
Area Served: Greater Portland Area
Year Incorporated: 1999

Total Number of People Housed (as of end of 2010): 327
Total Number of Units Developed: 121 (Homeownership)        
Total Number of Units Under Development: 54 (Homeownership)

PROGRAMS AND SERVICES OFFERED

• Homeownership opportunities
• Homeownership Education & Counseling
• Housing Acquisition & Development
• Green Building

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

WHO WE SERVE
A priority is closing the minority homeownership gap.  Deliberate research and dialogue resulted in an outreach strategy that has increased our service to communities of color.  In terms of our homes, 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

• 127 households served since 1999
• 113 permanently affordable homes in portfolio
• $126,900: Median Proud Ground home price in 2010, vs. $240,000 for a market-rate home in Portland
• Distributed $8.1 million in subsidy to make homes affordable since 1999; to make those same homes affordable today would require approximately $9.6 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.
• 8-12 courtyard housing units in Lents
• Administer 5 buyer-initiated grants in Gresham, in partnership with NAYA Family Center and Community Vision

Partner development:

• 8 condominium units with Orange Splot LLC (Woolsey Corner, New Columbia)
• 16 condominium units with Cityhouse Builders LLC (NE MLK & Rosa Parks)
• 8 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