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- Completed Furnace Conversion Project: Replaced 45 outdated oil heating systems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
