In this holiday season, as we are mindful of all we have to be thankful for, we are often inspired to share with those who have less. Portland Housing Bureau's partners are nationally recognized organizations that will do even more with your support.
With our partners, we preserved or created affordable homes, increased opportunities for homeownership and helped people experiencing poverty regain homes.
In 2013 we developed, rehabilitated and preserved more than 600 units affordable to households earning between 0 and 60% Median Family Income (MFI). With our partners at Home Forward and Lifeworks Northwest, we investment nearly $4.5 million in Beech Street Apartments, a development in Northeast Portland that will provide permanent homes with supportive services and expand a culturally-focused residential treatment program, Project Network.
In a time of growing need and declining resources, we are focused on continuing to providing value to taxpayers. Our investments leverage substantial public and private money, stretching limited tax dollars and delivering great outcomes. With our partners from Native American Youth and Family Center (NAYA), Proud Ground, Hacienda CDC, African American Alliance for Homeownership (AAAH), Portland Housing Center and Portland Community Reinvestment Initiative (PCRI), PHB helped 345 households become homeowners in 2013 through homebuyer education, counseling and down payment assistance.
In 2013 we prevented or ended homelessness for 2,231 households through short-term rent assistance with our partners from Home Forward, City of Gresham and Multnomah County. This includes rent or mortgage payment, deposits and application fees, move-in costs and support services to households earning between 0 and 50% MFI. Nearly 90% of households receiving short term rent assistance and eviction prevention retain their housing at six months after receiving assistance.
Please support our partners in their work.