Page 6...The Portland Observer...September 16, 1992 Whitney Young Tutorial Center Opens September 14 program which will explore ways par ents can become more involved in their children's education. The Center is housed in the Urban League’s main building, providing stu dents with easy access to other League programs, such as youth and employ ment services. During the 1991/92 school year, the Center served 303 students, an in crease of 17% over the previous year. The facility is named for Whitney M. Young, Jr., who was executive director of the National Urban League from 1961-71. The Whitney Young Center is seek ing volunteers with educational experi ence to serve a s tutorial assistants. Interested individuals should contact Herman Lessard, Jr. at the Urban League of Portland, 280-2600. The Urban League of Portland’s Whitney M. Young, Jr. Education and Cultural Center will reopen for the new school year on Monday, September 14 at 10 N. Russell Street. The Center offers free tutorial assistance and edu cational resources to students in grades 6 through sophomore in college and to other residents of North and Northeast Portland. The Center is open from 3-8p.m. Monday through Thursday. Facilities and activities include study space for 70 students, professional tutors, a refer ence library, computers, a student news letter, guest speakers, films and trans portation assistaneç. Students in grades 6-12 must be accompanied by a parent or guardian on their first visit. Parents also are encour aged to register for a parent enrichment W 1 • • 2 THE U N IT E D NE G R O COLLEGE FUN D S»"” da*' °"»4er 3, HtfW P a r k , P o Workshop Offers Tax And Recordkeeping Information For The Self- Employed The Lane Community College Business Development Center will present a workshop, “Basic Tax and Recordkeeping Information for Self- Employed People,” on Wednesday,, Sept. 30, from 10 a.m. - 4 p.m„ at the LCC Downtown Center in Eugene. The cost is $73 if registering on or before Sept. 25 and $83 otherwise, plus a $2 registration fee per term. Parking vali dation will be provided. Instructor Jan Zobel returns for her fifth consecutive year to lead this fact- filled workshop. She operates a tax preparation service in San Francisco and is certified to practice before the 1RS. Her workshop is designed for people just getting started in business and for independent contractors as well as experienced business owners who need a review. Topics include deductible ex p enses, how to set up a sim ple recordkeeping system, and how to pay estimated quarterly taxes. A 20-page guide will be available in addition to 1RS oublications and forms. Zobel will review recent tax legislation affecting the self-employed. For more information, contact the LCC Business Development Center at 1059 Willamette Street in Eugene, tele phone 726-2255. Up & t t U ^ ' Do it alone, or do it with pals Do your part to support our private, historically Black colleges and their students. Recruit a team from your place of employment, church, club or organization Earn valuable prizes. Contact the United Negro College Fund (503) 223-8890 for more details. 7:30 A.M. Walk Starts -w k r w s ir DEVRl/M-MKST CÖMMÜ^IÖT C o m m issio n M eetin g A Northwest Natural Gas Registration Opens PDC 9:00 A.M. Date: September 23,1992 Place: Portland Building 1120 SW Fifth Ave., 11th FI. Portland, OR Time: 930 a.m. Commission meetings arc open to the public A complete agenda is available at PDC. Call 823-3200. PDC is the City of Portland's urban renewal, housing and economic development agency. ù'. x R e a l M in o r it y B o If you look ai this five-part series as a community investment, then the re turns arc already coming in. The latest “profit” is a reader who has just cleaned out his garage for space to manufacture that special kind of paint scraper on his mind for years: “C an’t be too dilficult- -a blade, a handle and some fasteners.” He has already gotten a Benson High School student to do the initial drawings for the Patent Attorney he located in the professional section of the phone book. Between the business sec tion of the library and the local chamber of commerce be discovered as I had told him that the metal for the blades came on spools of various widths, one foot on up (like large rolls of “adding machine tape”). And the wood for the handles, along with the rivets for the fasteners were as equally accessible. At the same library, and by visiting some local small manufacturing planks, our reader found that he could buy his initial equipment, some new, some used, for less than $5000; Including shears, punches, stampers, grinder and riveting machine. Interestingly, the same even ing I talked to this inventor, local television showed a Beaverton golf pro who has invented a “putting trainer device” he manufactures in his garage-35,(XX) sold nationwide in 7 months. One of the fastest growing areas of our economy for this decade and the next is Health C are-jobs, equipment, supplies and services’. Several years ago while I was a volunteer at a large local hospital, 1 took an “inventory” of all the services and supplies that were (or could be) supplied by a small vendor. The assessment was fantastic, both the on going businesses and the possible op portunities. 1 talked to personnel, doc tor, nursing supervisors, purchasing managers, maintenance people, labora tories, you-name-it. This was Provi dence Medical Center, the same hospi tal where I set up the summer work/ study programs for minority youth. I cataloged 50 easily manufactured items the hospital bought and a score of services purchased. Of particular inter est was a contract held by two females 1 U L N u s in e s s : N on N.E. Morris St. at the time. I told him I could design a two-page letter that would bring the funds in for a perma nent school and bookstore- and whether he thought 1 was crazy or not, Ron got the organization to give me the go- ahead. The rest is history, the former - library building on N.E. 17th, the book store and apartments on Alberta (now the Umoja Facility lease), and the adja cent dwelling. What was done? First, the technique of “analysis” was used, the essential approach for all activities, business or otherw ise-just what is really going on here, not just what people say. Secondly, as I taught those students in that class, project the “play” theme. What came out of all this was a realization that foundations were getting sick and tired of funding half- assed projects that might last six months or a year-leaving the foundation direc tors and/or employees in jeopardy them selves, and their trust funds depleted. What I said in a 11/2 page narrative over B.E.C.’s signature was almost this down to earth; “ look folks, we are a dedicated group of commited young educators with the following relevant experience that began at a local college. We saw this need and have sought to fill it but we need your help. We need a permanent location and blah! blah! blah! ” Now that’s one page. The second and final half page, simply introduced that“play” thcme I mentioned”...twenty years from now your board of directors will be able to point to our facility with pride and say we funded this gift to the Albina Community”. It worked like a charm. Back in the P.S.U. classroom, two of my business students who worked for a mental health clinic used the exact same technique to acquire for the pro gram that beautiful mansion and estate on the west side of Martin Luther King Blvd., near Portland Blvd. You simply have to think and open your mind, we are “Black Inventors”. Also, try subscribing to Black En terprise, subscription service P.O. Box 11602, Des Moines, IA 50350-1602, $14.95. who supplied and maintained the hun dreds of beautiful plants throughout the complex. This was one of the enter prises 1 had my business class explore at P.S.U. during the 1970’s. Also, a mother and daughter team chose as their class project the purchase of “dilapidated” old houses which they could renovate to sell or rent (while living in one part until finished). Always “reality” with me; that works. This was in 1973 and if you arc renting in northeast, their well adver tised firm might be your landlord. Like a lotof successful young business people, they were not job oriented, so they quit the university for community college, taking construction and management/ accounting courses. In a span of 15 years they have moved from houses to apartments. While we arc speaking of “real estate”, let us look at that particular aspectof the so-called “Non-ProfitCor- porations”. Whether anybody has no ticed or not these types of organizations can accumulate huge amounts of re sources in terms of both monies and other property-they can supply jobs, positions, golden parachutes (United Way disaster) and they can influence politics and communities. My experi ences, here and around the country, indicate that m inori ties could do a much better job of utilizing the available le verage. Now, in that very same business class at P.S. U., I designed a class project for the students to pursue. Contrary to conventional wisdom, I insisted that a properly designed proposal to local foun dations could sec ure Ownership Of Real Property-not just grant money. Hap pily the students were too naive to real ize “this wasn’t done’ so they studied and worried and collaborated. I gave them one firm direction; Imagine the foundation’s board of directors sitting around a table examining proposals. What would “you” want to hear? What would move “you”? In the meantime I approached Ron Herndon, then of the Black Education Center which was located in a dwelling k ' .* ’’ A HOME ■•••i • • • ’ * LOAN PEOPLE W H O ? 7 f ’ •»*- ■V •>< - ? «Y\. »9. „ » >>’>• ; -V -, .*> • i or TH INK THEY CAN’T GETON r. , t. \ * N o t everyone has the money it takes to ta k e o u t a h o m e less th a n e v e n th e u s u a l fe d e ra lly in s u r e d h o m e lo a n re q u ir e s . A n d m o s t c lo s in g costs, fo r th in g s lik e title lo a n fro m a b a n k . B u t right now, a lo t o f p e o p le in O r e g o n w h o i. w. : • » ■' r th in k th e y c a n ’t q u a lify fo r a h o m e lo a n , ca n . W i t h in s u r a n c e a n d o t h e r fees, d o n t h av e to b e p a id u p f r o n t —th e y c a n b e b o r r o w e d w ith th e re s t o f th e m o n e y . N o t only does this home loan cost less, it’s e a sie r to a H o m e P a r tn e r s lo a n fr o m U .S. B a n k . It gives y o u th e m o n e y y o u n e e d to b u y a h o u s e w ith o u t c o s tin g a n a rm /-f a n d a leg. O r e v e n a f o o t H e r e ’s h o w it w o rk s. » if q u a lify for. A ste a d y in c o m e a n d a g o o d h is to ry of y o u n e e d fo r a d o w n p a y m e n t is a b o u t o n e th ird VS A H OM EPARTNERS H O M E LOAN I X >WN PAYMENT 2°/o 1 l o w 1 X ) YOU GET YOUR 1 >OWN PAYMENT? C a n be a gift from M ust he fro m your a relative o w n savings NECESSARY REPAIRS All repairs (except those M ust he d o n e before req u ired for health or loan is given safety' reasons) can be d o n e after loan is given Al >1 il I n )N A I. CLOSING COSTS M ost costs can be All costs m u st lx- financed paid up front T O TAI i ASI 1 REOUIREI ) AT CLOSING FOR A 1 It )US1 W 1T I1 .\ SALES PRICE OE $30,000 (l o r doss 11 nas illent, u p front closing costs. estim ated I t axes and insurance) $2,115 $3,587 H O YOU QUALIFY? O ! ' 1 I I Y INCO M E ALLOWED 1i )R t IOIJSE PAYMENT U p to 33% 28% C REDIT HISTORY W ith o u t prior loan experience, landlord references o r a experience on ears, good record o f paying utility credit cards, etc. bills can be used to establish credit history. Previous loan T h e I lo m e P a rtn e rs p ro g ra m can h e lp yo n purchase a house in O re g o n to r u p tv» $49,000. You are e lig ib le to a pply it y o u r a nnual h o u se h old in c o m e does n o t exceed EQUAL HOUSING the fo llo w in g in c o m e OPPORTUNITY level guidelines: 1 person-$26,000, 2 people—$30,000,3 or more people-$34,(KM). I lomePartners loans are offered through U.S. Bancorp Mortgage Company. th a t a lo t o f p e o p le w h o th o u g h t th e y ’d n e v e r h e ab le to g e t a h o m e lo an , w ill g e t o n e . Si), before you give up on th e id ea o f o w n in g y o u r o w n h o m e , ta k e a lo o k at w h a t U.S. B a n k ’s H o m e P a r tn e rs lo a n has to offer. It c o u ld save y o u fr o m a life tim e o f re n t. ^LLsjl B A N K . p a y in g y o u r bills m ig h t b e all y o u n e e d . N ow , w e aren't exactly giving aw ay th e s e lo an s to W ith a HomePartners loan, th e a m o u n t o f m o n e y 11 A C O N V E N T IO N A L 11OM E L O A N e v e ry o n e w h o w a lk s in th e d o o r. B u t, w e g u a ra n te e I 'M ? 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