P age A6
N ovember 1, 1995 • T he P ortland O bserver
(Tip
Jarlian i»
(¡Observer
Areas Named For Development
The City of Portland Bureau of
Housing and Community Develop­
ment (BHCD; has selected nine areas
located within low and moderate in­
come Portland neighborhoods for
designation as community develop­
ment target areas. These areas are the
first to be selected under BHCD's
new Target Area Designation Pro­
gram (TADP), which provides multi­
year financial support, targeted City
services, and technical assistance to
neighborhoods who are carrying out
revitalization efforts in their commu­
nities.
Selected areas are targeted for
one to three years and can receive up
to $100,000 in direct financial assis­
tance from BHCD Participants are
required to have carried out commu­
nity organizing and planning in their
neighborhoods and have matching
resources to be used along with City
funds.
The TAD program establishes a
collaborative partnership between the
Bureau and local neighborhoods who
have made a commitment to improv­
ing their communities. BHCD will
work with which area to bring to­
gether a variety of resources to ad­
dress community needs.
“Who knows more about the
needs of communities than the people
who live and work there", stated Steve
Rudman, Bureau Director. “The TAD
Upbeat Housing Ownership
Figures Predicted
HCD A REA S - N E IG H B O R H O O D S AN D BLOCK G ROUPS
WITH 51% OH M on i! INDIVIDUAI S AT 011 111:1 OW 811% OP MEDIAN INCOME
a
w
The highest rate of homeownership in the nation’s history - 67 percent
- can be reached in the next five years, according to Henry Cisneros,
secretary of the U.S. Department of Housing and Urban Development.
“We’ve set that target and it's within reach. The economy looks strong
through the end of the century, and there’s a large backlog of immigrants
ready to sign on to the American dream of home ownership,” said Cisneros
at the 82nd annual convention of the Mortgage Bankers Association of
America, held last week in the San Diego Convention Center, where the
Republicans will select their presidential nominee next summer.
Cisneros noted that the current rate of homeownership is 64.7 percent
and the all-time high was 65 percent in 1980.
He blasted proposals in Congress to put limits on the Federal Housing
Authority (FHA).
Fabric
Depot
The nine circles indicate areas of the city with 51 percent or more individuals at or below 80 percent of
medium income. These areas are targeted for community revitalization.
approach focuses the c ity ’s in-
vestm ent by building upon the
assets and skills of the local neigh­
borhood and provides tools to help
develop projects designed by the
com m unity to meet their needs.”,
he continued
The BHC D has responsibility for
managing $25 million in federal and
local funds for the City of Portland
The Bureau contacts with over
100 public and private non-profit or-
THE LARGEST, MOST COMPLETE RETAIL FABRIC STORE IN THE WEST
October 31 through November 14,1995
ganizations to provide services to
lower income residents and neighbor­
hoods in the areas of housing, neigh
borhood improvements, economic de
velopment, and community/enter
gcncy services.
MAILER SALE!
30% OFF
Coping When The Boss Wants You To Move
Psychologists say it is the third
most stressful event - after the death of
a loved one and divorce - that a human
being can endure: moving a family.
So when a company decides it
must transfer an employee to another
city and frequently that it must do it
in a hurry, reducing the stress and
safeguarding the value of what is
probably the family’s key asset - its
home - is a primary goal o f both
transferrer and transferee.
“From the employee’s view­
point, the key question is, What level
o f support is the employer going to
provide in the move?” said Stephen
C. Roney, president o f Coldwell
Banker Relocation Services in Mis­
sion Viejo, Calif. “And from the
employer’s viewpoint, the key issue
is ultimately one of productivity.”
The process these days is both
commonplace and costly According
to a survey of 503 companies by
Runzheimer International, a reloca­
tion-data collection company in
Rochester, Wis., the companies sur­
veyed reported an average of 155
relocations in 1994. The average cost
to relocate a homeowning employee
domestically was $34,700. Relocat­
ing renters averaged $13,500.
Dennis Taylor, a consultant with
the company, said that a relocation to
high-cost-of-living cities like New
York and Los Angeles can add as
much as 15 percent to the cost o f a
move.
While most corporations have
policies that control benefits and as­
sistance for a transferring employee,
there are opportunities for employ­
ees to maximize the benefits and
minimize the pain o f relocation.
For example, employees may
find it worthwhile to weigh the ad-
vantagesof selling their homes them­
selves against the probably quicker
and certainly easier option of having
their company or its agent purchase
the home from them.
^Moreover, em ployees with
working spouses - usually the case
these days - or aging, dependent par­
ents might be able to negotiate for
additional assistance from their em­
ployers.
Often the companies will turn to
specialized providers of relocation
services, providers that range from
small, frequently geographically spe­
cialized concerns to real estate con­
glomerates that handle thousands of
relocations each year and are respon­
sible for orchestrating the tiniest de­
tail of a move.
“Being relocated is very stress­
ful and very demanding,” said Sylvia
E hrlich, the ow ner of
Everything in the store*
Westchester Relocation Services, a
company that works with executives
moving into the area either as the
result of an intracompany transfer or
after being hired and relocated by a
new employer. “Usually, the compa­
nies will hire someone like myselfto
find out what the issues are for their
transferring employees and how those
issues can be addressed.”
The relocation companies, Tay­
lor said, are paid for their work in
various ways. At times, a company
will bid for a relocation contract,
charging either a flat fee or a percent­
age of the cost of the relocation.
Companies also profit from bro­
kerage commissions on the sale and
purchase of an employee’s property
- making the field especially appeal­
ing to national real-estate compa­
nies, a number of which have estab­
lished relocation subsidiaries.
COUPON
McCall’s Patterns
VETERAN’S DAY SALE
2 DAYS ONLY - NOVEMBER 10 to 11
4ft% OFF
ALL FABRIC
e xtend ed hours S ulurtla) open 'til 9pm
L im ite d t o s to c k o n h a n d !
MAKE IT WITH WOOL CONTEST
Fashion Show - Sat. Nov. 18,3pm
Portland Housing Center Presents Landlord Information Forum
Are you aware of all your rights
as a landlord? Did you know that
yourprope rty qualifies for upto 100%
loan-to-value financing for improve­
ments and repairs? And, is your ten­
ant interested in buying your proper­
ty? This just some of the information
landlords will have the opportunity
to obtain at the free “Landlord Infor-
m-’tion Forum” on Saturday, Novem­
ber 4 from 10-11:30 a m. at Vernon
Presbyterian Church, located at 5425
NE 27th Avenue.
Sponsored by the Port land Hous­
ing Center in conjunction with Part­
ners of Project Down Payment and
the Northeast Coalition ofNeighbor-
hoods, the forum will cover: your
rights as a landlord; the range of
financing options available for mak­
ing property improvements; and how
a landlord can turn their renter into a
home purchaser.
“The Coalition is interested in
maintaining the stability of its neigh­
b o rh o o d s,” explained Pauline
Bradford, a NE Coalition board mem­
ber. According to Bradford, that ap­
plies to supporting and encouraging
stable renters as we 11 as homeowners.
“This is why we want to do what we
can to help landlords obtain renters
who will not move frequently, who
will help to maintain their residence,
and who may ultimately desire to
purchase the property.”
Presenters at the forum include
Pamela Slaughter, the landlord/ten-
ant specialist from the Portland Hous­
ing Center, Phyliss Gaines, a con­
sumer loan officer with Key Bank’s
Community Service Department, and
Frances Walker and Cheryl Roberts,
coordinators for the Project Down
Payment program.
Project Down Payment is one of
many programs available to turn rent­
ers into home buyers. Many land-
lords do not even know that such
programs exist. A tenant can receive
funds towards their down payaient
and classes on home ownership as
part of the program.
Landlords can register for the
forum by calling 282-7744. Renters
interesting in obtaining more infor­
mation on Project Down Payment
and other home buying services
should contact the Portland Housing
Center at 282-7744. The Portland
Housing Center is a private, non­
profit organization offering informa­
tion, counseling and classes on home
buying and rental housing.
50
O v er 7,000 la n d lo rd s and
property m anagers have taken the
course in Portland since it began
in 1989.
R eac tio n s are co n siste n tly
strong and positive: landlords and
m anagers overw helm ingly agree
the training increased their confi­
dence in screening rental appli-
cants and their ability to recog­
nize warning signs o f drug activ­
ity.
The trainings are open to the
public. Space is limited. The cost
is $10 per person.
Call the police bureau's Plan­
ning & Support Division at 823-
0189.
LISCENSED IN OREGON SINCE 1975
On-The-Job Training
For Low-Income
Senior Citizens.
Variety Of Jobs.
You May Be
Eligible.
Call AARP 231-8078
Singles 4 Seniors, I can help you!
"1st Class Guarantee"
A-ZEBRA
f
t
A. Hendrix
ORI, Broker
13-
rmls
ig r
Fun Fall
Sewirig Classes!
O FF
ON THESE PATTERNS
• McCall’s • Simplicity • Vogue
• Butterick • Burda
(h e r i doten topics to choose* from at
our Palmer Plclscli SI'.ttlM. SCIKNII.:
sewing • quilting • home dec • wrarablc
a rl • craft • teens • children • beginner
• advanced
COME l \ KIR SCIIEIH IE OR I I I I fc.tl-'o.l
BE SURE TO CHECK OUR STORE FOR “MANAGER’S SPECIALS ”
•DiscounB do not apph lo spinal purchase or previously discoiminl or marked down items III 31 ihru 11/1495
■BHH
RETAII H O I RS:
M( )VI-RI 9 IN lam-9 IN ipm
SAIT RI)\Y 9 i N lam-", wi
SI NDAY IlHNMm-’ pm
I 84
r
N
V
y
/S T A R K
STREET
J
Program Helps Landlords
Target Drug Houses
The Portland Police Bureau
will open a new series o f the Land­
lord T rain in g P rogram to act
against drug houses.
Sessions will be held W ednes­
day, Nov. 8 and T hursday, Nov. 9
at David Douglas High School;
and Saturday, Dec. 2 at the P rovi­
dence M edical C enter.
»1.99
• Limit 5 per cou p on • Valid Oct. 31 —Nov. 14, 1995
*
W HOLESALE HOURS:
M O VI Rl ' 3O.im-5 SBpm I
J
RETAIL-WHOLESALE
Plenty of FREE PARKING
CARS • BUSES • RVs
SA M RI)AY9 (Nlam-5pm
SI \ I ) f t 11 (NhiiiFipm
700 S.E. 122nd Ave.
Portland, OR
2 5 2 -9 5 3 0
Cash Discounts
Tarr
Heating Oil Sales & Service
•
•
•
•
Automatic Keep Full
Burner Service
Tank Insurance
45 Years in Business
288-5294
If Long D istance 1-800-422-5069
Realty Inc.
300 NE Multnomah, Suite #27
Portland, Oregon 97232
(BO3) 2 3 0 -1 3 9 0 • (R m .) 2 8 7-6837
2429 North Borthwick
Serving Multnomah,
Washington & Clackamas Counties
Formerly Priestley Oil and Chemical Company