PORTLAND COMMUNITY REINVESTMENT

PORTLAND COMMUNITY REINVESTMENT Portland Community Reinvestment Initiatives For 30+ years, Portland Community Reinvestment Initiatives has reinvested in Portland’s neighborhoods, preserved their diversity, and provided tools to help low-income Portland families and individuals achieve stability and self-sufficiency. From our original task of helping people who were unknowingly swindled out of their homes, PCRI has come a long way. Still, the challenges are constant—as is our presence as an anchor of stable, diverse, and livable Portland neighborhoods. Stability PCRI owns more than 700 units of affordable rental housing, primarily in the north and northeast communities of Portland. Below market rate rentals allow families and individuals the chance for stability in their lives, without the worry of constantly moving. Self Sufficiency PCRI’s Programs and Resident Services provide culturally-competent services that encourage and promote self-sufficiency and leadership for children, parents, and families. Free of charge to PCRI residents, some programs are made available to the greater community. Wealth Creation PCRI provides an innovative and effective Homeownership Program, preparing residents to transition from renting to first-time homeownership. The facets of this program progress from family stability to asset building to wealth creation through homeownership.