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Enterprise provided a $1.4 million loan for an extensive rehabilitation of Villa de Clara Vista, which is one of Enterprise's first Green Communities developments. Today, the complex offers ample security, green spaces and safe playgrounds for the neighborhood's children. Olga and Jose Escalera with their children at home in Portland. |
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We have invested $225 million in Portland over the past 10 years to help:
- Develop 8,500 homes for low- and moderate-income families, serving 20,000 people.
- Create Individual Development Account and Child Care Tax Credit programs to generate more than $1 million in wealth for low-income people.
- Pilot the Smart Growth Fund, making low-interest capital available to local organizations to buy properties and develop affordable housing close to transportation and job centers.
Olga and Jose Escalera were looking for a new life for themselves and their children. But sadly, life at the Galaxy apartment complex in Portland's Cully neighborhood was not much better than what they had left. Slumlords allowed deplorable living conditions, drug dealers roamed the streets and gang rule threatened community life. In 1993, residents reclaimed their neighborhood by creating the Hacienda Community Development Corporation. Enterprise provided a $1.4 million loan to Hacienda for extensive rehabilitation of Galaxy, now called Villa de Clara Vista, which is one of Enterprise's first Green Communities developments. Today, the complex offers ample security, green spaces and safe playgrounds for the neighborhood's children. Olga and Jose love their family's new apartment.
"I don't believe my family would still be together if Enterprise and Hacienda CDC hadn't changed this neighborhood. We might have lost our kids to gangs or drugs…they would be different people than they are today."
Jose Escalera
The Oregon Community Development Collaborative (OCDC) is a program of Oregon Housing and Community Services, Enterprise and The Neighborhood Partnership Fund. It awards operating grants to community development corporations serving communities throughout the state.
Enterprise Community Partners
520 SW Sixth Avenue, Suite 700
Portland, Oregon 97204
Phone 503.223.4848
Fax 503.223.8955
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