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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (May 6, 1992)
4 May 6 , 1992...The Portland Observer-Page 5 Portland Observer Visted By President Of Oregon’s Largest University BY PROF. MCKINLEY BURT Dr. Myles Brand, the 14th presi dent o f the University o f Oregon, called on us M onday, April 27, to deliver a reassuring message. Knowing that this community is certainly going to hold his institution accountable, Dr. Brand did not mince words in presenting the school’s position in regard to m inori ties. at recruiting and retaining both m inor ity students and faculty... There shall be a special effort to secure the most im portant outcome of all, to see that they G raduate.” Now, the readers should under stand that the visit to our offices was part o f a broader mission that same day which brought the top three Oregon prexys to Portland. The University News Bureau putil, “Three University Presi dents To Discuss Future O f Oregon Higher Education with Business Lead ers, Public In Portland Area...” Introduced at the greenw ood Inn, Beaverton, were University o f Oregon (UO) President M yles Brand, Oregon State University (OSU) President John Byrne and Portland State University (PSU) President Judith Ramaley. The purpose of this most extra ordinary conclave was to “bring together some of the Portland area’s most prom inent business leaders and the public to dis cuss the growing crisis in state higher education funding brought on by enact ment of Ballot M easure 5, and the im plications o f this crisis for O regon’s overall economic future.” We gathered from the tenor o f Presi dent Brand’s overtures to our staff that he was quite aware this situation could only increase the apprehensions and fears o f the minority com m unity in respect to access to higher education. In addition to the assurances cited earlier, he stated a firm conviction that there had been “ too much politics” in the efforts to secure effective solutions to a problem approaching diestrous dim en sions. This community agrees with him that there m ust be a “bipartisan solu tion” , All may be assured that we shall followup on every aspect o f a situation that threatens “ the availability of af fordable, quality higher education. McFadden Named as New President/ CEO for Volunteers of America Oregon ¿ UNION'AVENUE 1> Z GIÀSVXGMPÀNY.; J * ' , The Board of Directors o f Volun teers o f A merica Oregon, Inc. have chosen Gerald Mcfadden as the new P resident/C hief E xecutive O fficer. M cFadden com es to Portland from Volunteers o f America Los Angeles where he served as the Vice President of Programs and Marketing. As Presi- 5--------------- —- LORRAINE HLAVINKA All Types of Auto Plate and Window Glass Storm Doors and Windows 4709 NE Martin Luther King, Jr. Blvd Portland, Oregon 97211 Woman-Owned Phone 249-5886 Statewide Fair Housing Conference Held in Portland The eighth annual Oregon Fair Housing Conference was held in Port Seeming to anticipate our concerns, land on Thursday, April 30, at the Port he addressed a number of issues that for land Airport Ram ada Inn. The confer years have been a flash point in the ence, which ran from 8:30 a.m. to 5.30 controversies and negotiations with p.m., drew more than 350 participants O regon’s institutions of higher learn from Oregon and southern W ashing ing. De. B rands’ statements in refer ton. Representatives from local banks, ence to both remedial and forward- landlords, real estate companies, ten looking programs and attitudes toward ants, government agencies, and non students o f color were forthright and to profit and social service groups were the immediate point. He seemed to expected to attend. understand that we have heard all o f this The event’s keynote speaker was before. Gordon Joyner, a Georgia attorney and There were several particular and nationally recognized fair housing ex specific statements o f intent pert. Former Director of the U.S. D e “The related programs we have in p a rtm e n t o f H o u sin g and U rban place will not only continue but shall be D evelopm ent’s O ffice of Enforcement enhanced... The school will work hard and currently a fair housing litigator, Joyner is widely acclaimed for winning sizeable monetary awards and land mark cases involving racial discrim ina tion in housing. Joyner, an elected mcm- berofthe Fulton County,Georgia Board rate on a loan sim ilar to yours of Commissioners, delivered his key is at least 2% less than what note address at 9 a.m. In addition he you're paying now , a refi is worth considering. But there are exceptions to that rule. For example, even if the dif ference between the two rates Oregonian, January 16,1992. The is acceptable, if you’re plan Oregon Association o f Urban Bankers ning to be in the home only a has launched a program involving a short time, you'd be unlikely fifth-grade class at King Elementary to recoup the high loan costs School this year. involved in a refinance. It The goal is to reach youngsters might be more profitable for who may be at risk o f having future you to hang on to your exist problem s and introduce them to minor ing loan. ity professionals who have become lead On the other hand, it of ers in their respective fields, according ten makes sense to refinance to Stanley Sykes, a branch service offi your loan, even though the cer with First Interstate Bank of Oregon difference between your old and a m ember of the OAUB. and new rates is less than 2%. "We w ant to expose them to these This is true if you're planning leaders and professionals who have / b e (.oiii/ilclc (initieJur to live in your home for many made it through their own hard work more years, or if you now Financing (im i Refi inn icing and hope the youngsters will see them have a loan with less-than- in Oregon am i Washington State as possible role models," Sykes ex perfect features, such as an plained. adjustable-rate or a balloon Once a month, Sykes arranges to paym ent that requires your Ih is t 111 k \ l K . i ilin s / / ! » , \l ( UIS have a guest speaker talk to students loan to be paid off early. Then, about his or her professional and the too, if you want cash for a hefty chunk Refinances have been the hot topic training or education it took to reach o f the equity you've built up in your o f conversation this year in real estate that position. They also discuss a range hom e, a refinance even with a narrow circles. According to talk show host, o f real life issues and allow for a ques interest spread might be profitable. A H eather Kibbey, author of How to F i tion and answ er time. loan officer can help you evaluate both nance a Home in the Pacific N orthwest Sykes discussed banking with the the costs and the benefits to see if a refi (1991, Panoply Press, Inc., $15.95), children and started them on a savings is right for you. many hom eowners are concerned that program which will result in double they've waited too long to make appli earnings for them. "W hatever they cation to refinance their existing home save between now and the end of the mortgage loan. "Now that interestrates year we will double for them," he said. have increased slightly, and many lend Other speakers have included Keith ers are refusing to take refinance appli Jackson, an officer with the U. S. N a cations, have I missed the boat on a tional Bank o f O regon, and Rhonda refinance?" listeners ask frequently. M assey, an accountant with Deloitte The answ er to that is " N o - unless and Touche. you absolutely need a rock-bottom in Several field trips also are planned terest rate to justify the refinance on a in which the students will visit the east purely financial basis." For many Portland branch o f First Interstate and hom eow ners, a refin an ce, even at the M ultnomah County District Court. today's rates, still makes sense. But how can you determine whether it's a Should You Refinance Your Home? would take part in a mock fair housing trial with Judge M ichael M arcus, Mult- nom ahCounty District Court that after noon. The conference featured panel dis cussions and workshops conducted by experts from government, the housing industry and nonprofitorganizations. A few of the workshop topics included issues involving the Community Rein vestment Act; local fair housing ordi nances; fair housing siting and zoning issues; housing accessibility and the Americans with Disabilities Act; ten ant organizing and non-discriminatory advertising. Sponsors o f the conference in cluded the U.S. Department of Housing and Urban Development (HUD), the Portland Community Housing Resource Board, Multnomah County, the City of Portland, Multi-Family Housing Coun cil o f Oregon, Security Pacific Bank, Bank of America, Oregon Association of Realtors, and the Fair Housing Coun dent/CEO of the multi-service organi zatio n , M cFadden w ill d irect the organization’s wide-ranging social ser vice programs offered for children, families and adults and will oversee the organization’s $3 million annual bud get. “I w ill be looking to create effec tive partnerships with foundations, pro fessional organizations, and businesses to enhance the system of services in the greater Portland Metropolitan area,” Dad's Oil Service heating oils R Y N A Y - T he B lack C ameo In d e p e n d e n t B e a u ty C o n s u lta n t Best Cash Prices 104 NE Russell Portland, OR 97212 282-5111 Speedy Service Friendly Call for Quote! 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BANK 10 N E A in s w o rth St P o rtla n d . O P 97211 »x* • ». ; w • «fur.4 »' o> w P o rtla n d , O R T im e : 9:30 a.m . C a ro ly n M. B row n ’ >•: : Í C o m m is s io n M e e tin g A < î * ‘.•.♦'.o..*; H l . KIBBEY ^ L M a r A-0-Y cil o f Oregon. ■IN IHE PACIFIC NORTHWEST Heather Kibbey, author of the new "How to Finance a Home in the Pacific Northwest" . •* ’- • O . \ y ,. Bankers Group Works With King Students FINANCE A HOME • < •/ - .» y •HOWTO wise move? The rule of thumb for evaluating the prose and cons of refinance has generally been this: if today's interest said McFadden. Tom K elly, Chairman of the Board, spearheaded the search process. “Gerald McFadden was chosen because of his leadership, extensive educational back ground, and his experience with pro gram s,” said Kelly, who added that he was impressed with M cFadden’s “abiti li tie s to a p p ly sound business c o n c e p ts , h is e m p h a s is on quality and ser vices, and his m anagem ent ethic o f involv ing em ployees and c lie n ts in b u siness d e c i sions.” M cFadden h o ld s M asters degrees in Busi ness A dm inis tration and Ur ban P la n n in g . He has worked w ith V O A o f L o s A n g e le s since 1982. Pre viously, he was the Director o f R e h a b ilita tio n and T reatm ent Services for the People Coordinated Services of Southern California. Volunteers o f America is a nation wide social service organization with branches in over200 communities. V ol unteers of A merica Oregon, Inc. serves homeless women with children, a se nior center, senior health clinic, adult day care program , residential facilities for adult felons, a shelter for homeless adolescent girls, and a Christmas A ssis tance Program. P D C is th e C ity o f P o rtla n d 's u rb a n •f.im siillvn trw x.ub is« Current U'K ni 8 on lutes(torn t f t l l l l u »2ÜTO b m n r « r » a s a . W * . « h n r ^ r i ^ > »ill not< m n i l m Snnual fee »aistii for Amt year »f<> per year Ihtw a fcr Pmptny insurance mas iw w red Member FWC re n e w a l, h o u s in g a n d e c o n o m ic tr d e v e lo p m e n t agency. •< r.'/eV - À * . 'Í • ■ »1 .•A... 4- â ,w. il-'-x
