Portland Community Reinvestment Initiatives (PCRI)

6329 NE Martin Luther King Jr. Blvd
Portland, OR 97211
(503) 288-2923
FAX: (503) 288-2891
www.pcrihome.org

AGENCY INFORMATION
Maxine Fitzpatrick, Executive Director       
Total Number of Staff: 27                   
Housing & Community Development Staff:  1
Annual Operating Budget: $2,500,000
Total Cost of Development: $160,000,000
Area Served: Primarily N/NE Portland; some sites in SE & SW Portland
Year Incorporated: 1992

Total Number of Units Developed: 700 (Rental-700; Homeownership-0)             
Total Number of Units Under Development: 84 (Rental-44; Homeownership-40)

PROGRAMS AND SERVICES OFFERED

  • Social Services
  • Child Care
  • Youth Programs
  • Community Organizing
  • Homeownership Counseling
  • IDAs

MISSION
Preserve, expand and manage affordable housing in the City of Portland and provide access to and advocacy for services for our residents.

KEY ACCOMPLISHMENTS

  • Rehabilitated more than 360 units of affordable housing
  • Converted 83 fraudulent land sale contracts to conventional mortgages
  • Completed Furnace Conversion Project:  Replaced 45 outdated oil heating systems
  • Completed a Neighborhood Revitalization Project with AmeriCorp volunteers
  • Won the 2001 Governor’s Livability Award for creative affordable housing design and land use
  • Awarded the Spirit of Portland Designation as the Non-Profit of the Year for 2001
  • Completed “green home” rehab project using environmentally friendly building materials
  • Developed a Child Care Provider Home; featured in Shelterforce Magazine and Enterprise Quarterly
  • Provided 20 PCRI families with computers and technological training
  • Acquired and rehabilitated Park Terrace Apartments, preserving 88 units of affordable housing
  • Awarded the 2003 Golden Hammer award for rehabilitating Park Terrace Apts.
  • Renovated and restored our new office space and moved in in October 2005
  • Recently acquired another CDC’s portfolio, doubling our size and preserving roughly 300 units of affordable housing

CURRENT PROJECTS

  • Parent Network (Child Care Project) which supports both PCRI parents and child care providers
  • Rehabilitation of five single family homes
  • Scattered Site Phase III; Russet/Morris “green building” new construction project
  • Developing a homeownership initiative with the Portland Housing Center
  • Developing workforce development partnerships

PARTNERS IN DEVELOPMENT
US Bank  •  Black United Fund  of Oregon  •  Portland Development Commission  •  City of Portland – Bureau of Housing and Community Development  •  Neighborhood Partnership Fund  •  Bureau of Buildings  •  Oregon Housing and Community Services Department  •  Portland Youthbuilders  •  METRO  •  Housing Authority of Portland  •  Multnomah County Weatherization Program  •  Cascade AIDS Project  •  Self Enhancement Incorporated (SEI)  •  PacifiCorp  •  Key Bank  •  Hands on Portland  •  NW Natural Gas  •  Collins Foundation  •  Surdna Foundation  •  The Enterprise Foundation  •  Oregon Arts Commission Art Builds Communities Program  •  HUD  •  Federal Home Loan Bank of Oregon  •  Bank of America  •  Wells Fargo Bank  •  US Affordable Housing CDC, Inc.  •  US National Bank Association  •  Albina Community Bank  •  Network of Oregon Affordable Housing

STAFF PARTICIPATING IN INDUSTRY SUPPORT PROGRAMS

Margaret Beasley Resident Services
Jeanne Bower Resident Services
Charles Funches Homeownership Development
Rachel Hestmark Property & Asset Managers
Toi Hopson Property & Asset Managers
Kimberley Mason Property & Asset Managers
Deborah Turner Homeownership Development