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Affordable Apartments Available
for 250 Oregon Families
Fannie M ae.
T he p u rch ase and re h a b ilita
tion ol the four ap a rtm e n t c o m
plexes w ill be c o m p le te d under
the su p e rv isio n o f T he A rcand
C o m p an y , a national spo n so r o f
a ffo rd a b le h o u sin g . T he H ealth,
H ousing, E d u c a tio n a l and C u l
tural F a c ilitie s A u th o rity issued
tax exem pt bonds in the am ount
o f $8.65 m illio n , w ith $7.3 m il
lion to fund the a c q u isitio n o f the
pro p erty and $1.3 m illio n to be
used for re h a b ilita tio n . F annie
M ae p ro v id e d c re d it e n h a n c e
m ent for $8.2 m illion. T he S o c i
ety o f St. V incent de Paul is a
special lim ited partner in this deal
and will p ro v id e social serv ices
for re s id e n ts o f the d e v e lo p
m ents.
“T h is u n iq u e p u b lic -p riv a te
b u s in e s s p a r tn e r s h ip is g o o d
new s for our c o m m u n ity ," said
U n ite d S ta te s R e p r e s e n ta tiv e
E lizab eth F urse (D -O R ). "T hese
co m p a n ie s have bro u g h t m uch
needed a ffo rd a b le rental h o u s
ing to our area, and I ap p lau d
them for th e ir d e te rm in a tio n
and vision for p ro v id in g a safe,
a ffo rd a b le p lace for our c iti
zens to liv e .”
"W e are se e k in g to p ro v id e
a w ide range o f h o u sin g o p
tio n s by o ffe rin g a ffo rd a b le
ren tal h o u sin g to belo w -m e-
dian incom e h o u se h o ld s in O r
e g o n ," said C had R en n ak er,
vice p re sid e n t o f T he A rcand
C om pany. “The four apartm ent
c o m p le x e s - B ir c h P a r k ,
T h u n d e r b ir d , W e s tm in s te r ,
and W illow Park - p ro v id e lo
cal re sid e n ts w ith q u a lity , a f
fo rd ab le re n ta l h o u s in g .”
"W e are delighted to have been
able to work with Fannie Mae and
the A rcand C om pany on this
unique financing that will provide
a substantial num ber of units at
affordable rent levels," said David
Lacki, vice president of W ashing
ton Capital.
Fifth Annual Housing Forecast Show
W hat will 1998 b rin g ? W ill
housing starts increase again or
start to d e c lin e ? W hat w ill h a p
pen to the real e sta te m ark et?
How about in terest ra te s? W hat
are the future trends? The Hom e
B uild ers A sso ciatio n o f M e tro
p o litan P ortlan d will attem p t to
find the an sw ers to th ese q u e s
tions and m ore w ith th e ir fifth
annual H ousing F o re c a st and
P roduct S ource ‘98 Show at the
O re g o n C o n v e n tio n C e n te r,
T uesd ay D e c e m b e r 2, 1997
from 1:00 to 7:00 p.m . M ore
than 90 e x h ib its will be a v a il
able at P roduct S o u r c e ‘98, and
the H ousing F orecast panel will
feature four e n te rta in in g and
in fo rm ativ e sp eak ers.
P o p u lar e c o n o m ist and in
vestm en t m anager Bill C o n erly
will use his cry sta l ball and
o th er ta le n ts to fo recast p ro je c
tions for 1998. H e’ll d iscu ss
the high tech industry, jo b p ro s
pects, in terest rates, p ro sp e c ts
for the re g io n a l b u sin e ss cy cle,
affect o f the change in the capital
g ain s tax law , risin g c o n s tru c
tion c o sts, p e rso n a l per c ap ita
in c o m e , c o n s u m e r c o n fid e n c e
and the in flu x o f people into the
P o rtla n d M etro area.
Pat R itz, P resid en t o f O regon
T itle In su ra n c e , has im m ense
d ata base re so u rc e s at his fin g e r
tip s to help shed lig h t on the
cy cle o f hom e sales. H e ’ll use
grap h s and c h a rts to show the
d e v e lo p in g u n e v e n n e ss in the
new hom e m ark et as m easured
by price and g e o g ra p h ic area.
H e ’ll have co m m en ts on a ffo rd
able h o u sin g , h o u sin g p rice in
fla tio n , and g ro w in g c o n d o / high
d e n sity m arket. R itz w ill add his
pro jectio n s for the future of h o u s
ing in 1998.
Real E state e c o n o m ist W ally
H obson, a p rin c ip a l o f H obson
Jo h n so n & A sso c ia te s, w ill d is
cu ss m e tro ’s 2040 plan and the
c o n se q u e n c e s o f those d e c isio n s
for 1998 and 1999. H e ’ll talk
about supply and dem and and
th e b u s in e s s c y c le fo r both
sin g le fam ily and m u lti-fa m ily
h o u sin g . He w ill d isc u ss the fu
ture o f h ig h e r d e n sity h o using
in the reg io n and w ill talk about
the V a n co u v er m arket.
The m o d e ra to r o f the panel
w ill be d e v e l o p e r , D e n n is
D e r b y . D e rb y w ill r e c a p
M e tro ’s 2040 p lan and the re
cent d e c isio n to add 4 5 0 0 acres
to the U rban G ro w th B oundary.
T he E x h ib its fo r the P ro d u ct
S ource show w ill be open from
1:00 p.m . to 3 :0 0 p.m . T he
H o u sin g F o re c a st P anel w ill
start at 3:00 p.m . A recep tio n
w ith hors d ’o e u v re s buffet and
no host c o c k ta ils w ill fo llo w
the p anel, and w ill in clude the
d o o r prize d ra w in g s. T he m ain
d o o r prize is a trip to H a rra h ’s
in L as V egas.
P re -re g istra tio n and p re p a y
m ent for the ev ent are re q u ire d .
Home Improvement Loans For Veterans
The Oregon Department of Vet
erans' Affairs now offers home
improvement loans toeligible vet
erans. The department has not of
fered this type of loan for over a
decade.
“We are glad to be able to pro
vide this opportunity to those vet
erans who are eligible,” said Jon
Mangis, the agency Director.
“ Because o f federal law, we
are only able to make these loans
to veterans who entered active
m ilitary service prior to 1977.
and were discharged less than 30
years ago.
Although we don’(know what the
demand will be for this type of loan,
we think we will be able to help some
veterans with some of their home
improvement needs.”
According to Mangis, most, but
not all improvement projects would
qualify for funding. Under the pro
gram guidelines. improvements must
enhance the basic livability or pre
serve and protect a home.
Examples of items that would be
considered qualifying improvements
are general remodeling, adding a
room or additional living space, re
placing a roof or siding, rewiring or
replumbing.
“The first step for a veteran is to
find out if they’re eligible,” said
Mangis. “Interested veterans should
call us toll free at 1-888-673-8387
to establish their loan eligibility.”
Rates, fees, and loan terms for
the program are subject to change.
Currently, there is no loan process
ing fee and the Department is offer
ing a fixed loan interest rate of 7.95
percent.
This rate equals an annual per
centage rate of 8.101 percent based
on a $ 15,000 loan amortized over a
ten-year period.
On the abuse of power
Continued from Front
slave, she was not allowed to testify
about the actions o f her slaveholder
and was not allowed to use the same
defense offered by free women."
She related a turn-of-the-century
story, about an immigrant woman
who murdered her “pillar-of-soci-
ety rapist" and was only allowed to
argue she was protecting her virgin
ity, but not fighting against injury.
"Society has a way o f denying,
excusing and blaming the victim,”
said Hill, “to substantiate its own
idea of what happened.”
The same psychological dynamic
has pervaded questions about abuses
in the workplace, she added, “an
other way o f denying women eco
nomic opportunities and not dealing
with the problem."
"The willingness o f women to
talk is one o f the best things that
came out o f that hearing,” said Hill
She p ra ise d the Jo b E q u ity
Project, which sponsored herfund-
raising talk here. "W e arc doing our
best to solve the problem, with shared
goals and shared objectives."
The Job Equity Project is a com
prehensive outreach project to edu
cate and counsel workers to achieve
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NOY. 26,1997
(Elfe P o r t Lattò ^^Änmrtr
KL & IL
N e a rly 2 5 0 fa m ilie s now
have access to a ffo rd a b le a p a rt
m e n ts in F o r e s t G r o v e ,
H illsb o ro , and S e a sid e th ro u g h
a p a rtn e rsh ip in v o lv in g F annie
Mae (FN M /N Y SE ), the nation s
largest source o f hom e m o rt
gage lu n d s, The A rcan d C o m
pany, and W ash in g to n C ap ital.
The p a rtn e rsh ip an n o u n ced that
it has co m p leted a deal that will
allow for the p u rch ase and r e
h a b ilita tio n o f four ap a rtm e n t
c o m p le x e s -- B ir c h P a r k ,
T h u n d erb ird , W estm in ster, and
W illow Park. All 24 I u n its w ill
be ren ted to h o u se h o ld s e a rn
ing less than 60 p e rc e n t o f the
area m edian incom e -- $ 4 6 ,3 0 0
lor H illsb o ro and F orest G rove
and $ 3 5 ,4 0 0 for S easid e. Funds
lo r the a c q u isitio n and re n o v a
tion o f the a p a rtm e n ts cam e
from an $8.65 m illio n housing
b o n d w h ic h w as c r e d it e n
hanced under a u n iq u e fin a n c
in g s t r u c t u r e d e s ig n e d by
’r
•
equity in the workplace and over
come the barriers to finding, keep
ing and advancing in employment
faced by women, people o f color,
older workers and people with dis
abilities.
the crisis, the dismanteling o f affir
mative action and the need for more
minority law professors like her
self.
Hill provided “thunderous inspi
ration that gave women the courage
Asked about the Paula Jones-Bill Clinton
controversy, Hill said, Many of us are
uncomfortable because we helped elect him, but I
am uncomfortable with her supporters. Where
were these people on women’s rights before
Paula Jones came along'
"W e need a c h an g e in a ttitu d e
in o u r c u ltu re to w a rd racism ,
s e x is m , h o m o p h o b is m a n d
c la sstsm , in our w o rk p lace c u l
tu re ," said H ill. “ W hat you do
w ill b e tte r y o u r w o rk p la c e .”
A sked a b o u t the Paula Jones-
B ill C lin to n c o n tro v e rsy . Hill
said , “ M any o f us are u n c o m
fo rta b le b e c a u se w e help ed elect
him , but 1 am u n c o m fo rtab le with
h e r s u p p o r te r s . W h e re w e re
th e se p eo p le on w o m e n 's rig h ts
b e fo re P aula Jones cam e a lo n g ? "
She also answ ered questions
about how spirituality helped her in
to speak ou, on harassment,” noted
form er O regon S uprem e C ourt
Judge Betty Roberts during intro
ductory remarks. “ Her voice never
waivered, describing what so many
women wanted to pu, into words.”
Oregon State Sen. Avel Gordly
applauded Hill’s “courageous behav
ior" which fostered adm onitions
a g a in s t se x u a l h a ra ssm e n t in
O regon's legislative policies
Gordly told how her sister expe
rienced sim ilar abuse and “drew
strength from A nita H ill’s testi
mony," eventually fighting for her
own redress o f grievances
WestCoast Hotels'Portland
Properties Exchange Directors
In a strategic marketing venture,
WestCoast Hotels recently switched
the Directors of Sales at their two
Portland properties: the Benson Ho
tel and the RiverPlace Hotel. Mat
thew Murphy, W estCoast Hotels’
Vice President of Marketing notes
the change as offering the directors”
expanded opportunities with a new
perspective.”
Peggy Gitts, former Director of
Sales at the Benson, has transferred to
Director of Sales and Marketing at the
RiverPlace Hotel. Until this month.
Gilts had been with the Benson for the
past 9 years. As Director at the
RiverPlace, Gitts will oversee all mar
keting as well as group and transient
business for the property. "The move
will give me the opportunity for a
career advancement with more hand-
on marketing, while allowing me to
remain with WestCoast Hotels.” says
Gitts. "Staying with WestCoast was a
priority for me.”
Former Director at the Ri verPlace,
Peggy Gitts
Belinda Rasmussen
Belinda Rasmussen, has transferred
to the position of Director of Sales
and M ark etin g at the B enson.
Rasmussen brings 10 years of hospi
tality experience to the Benson, in
cluding 2 years at the RiverPlace,
and is "thrilled by the opportunity to
return to the large group market.”
Rasmussen has already outlined a
aggressive marketing plan for the
historic hotel.
Both The Benson and RiverPlace
Hotel are managed by the ever-grow
ing W estCoast Hotels, and affilia
tion of 32 distinctive hotels along the
Western United States.
US West Says "The Ride is on Us"
Portland-area commuters will be
sible in o rd e r to pro m o te clean
the beaches, palms trees and Space
afforded free rides on a specially-
air.
Needle of the West Coast through
decorated Tri-Met bus for the next
the Rockies and Plains and St. Louis
“By offering free rides as this Tri-
90 d ay s
A rch to the
through Feb. 7.
W a s h in g to n
Any number, anywhere. Q. » m amacok
q
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1998 -c o u r
Monument and
w w w rt
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tesy of a new
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product from
erty.
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U S W est
The new ser
1 ' .il. vice, which is
C o m m u n ic a
tions: National
also available
Directory Assistance.
Met bus alternates routes throughout
in much o f the rest of the 14-state
“ W e d e c o ra te d the bus in such
Portland, w e’re hopeful more com
U S W est territory, allow s U S
a way that it d e p ic ts the national
muters will consider taking the bus
W est custom ers to dial the same
reach o f our new d ire c to ry a s s is
as often as possible,” Peterson said.
num ber they dial for local direc
ta n c e s e r v i c e , ” s a id M a tt
"And, certainly, this free ride pro
tory assistance - 1 -503-555-121 2 -
P eterson, pro ject m a n ag er for U
gram should be a bonus for regular
and obtain telephone listings for
S W est. "W e at U S W est are big
bus riders.”
anyw here in the country. C allers
a d v o c a te s o f m ass tra n sit and
To promote the new service, U S
can get up to two listings per call
en co u rag e our em p lo y e e s to use
W est had the bus decorated with
w ithout having to know the area
a lte rn a tiv e s, such as b u s-rid in g
colorful icons representing various
code. Each call to N ational D irec
or ca r-p o o lin g , as often as p o s
landmarks across the country - from
tory A ssistance costs 85 cents.
llalSr
Airbag Switch
Education
Campaign
AAA Distributes Brochures on
Airbag Switches
AAA is launching a campaign to
educate motorists on the proper use of
air bag switches. Brochures and other
educational material will be available
at all of AAA Oregon/Idaho’s 18 of
fices by early December.
AAA Lobbied for Airbag Switches
AAA supports the federal govern
ment decision toallow the installation
of switches to temporarily deactivate
airbags.
“This ruling enhances the safety of all
drivers and theirpassengers,” said AAA
Oregon/Idaho President andCEO Roger
Graybeal. “The on-off switch preserves
tlie safety value of airbags while offering
protection for the few people at risk from
airbag deployment.”
Eligibility Requirements for Airbag
Switches
“Airbags save lives when drivers
and passengers are properly positioned
and restrained," said Graybeal. “AAA
believes the overwhelming majority
of motorists should never deactivate
their airbag."
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BEAUMONT
CLEANERS
4217 NE Fremont
Portland, Oregon 97213
(503) 249-5972
$12 off of $30 or more
$8 off of $20 or more
$4 off of $12 or more
25% off Blankets
7:30 - 6:30 M-F
9:00 - 4:00 Sat.
A NEW DENTAL RESEARCH STUDY AT RUSSELL STREET CLINIC
ARE YOU HIV POSITIVE?
Do You Have Tooth Pain?
Do You Have These Symptoms?
Do you have a persistent ttxith ache, intermittent tooth pain, or swelling in your mouth or face? Have
you been told your tooth needs a root canal?
Participate In A New Free Research Study
You may qualify to participate in the Oral Health Enhancem ent Study being conducted by the
Russell Street Dental Clinic, a part of OHSU. Volunteers must be HIV positive, IS to 65 years of age
and have at least 15 teeth.
Benefits
Participants will receive free rtxit canal treatment, free CD4 counts and viral load blooti tests, free
check-ups, and S I25 for participation. Participants will also lx? helping to improve the quality of life
for people with HIV.
For more information, call: (503) 4 94 -6300
OKSI
O K tG O N
H tA L T H
Where Heating, Teaching and Discovery Come Together
An equal opportunity, a llirm aX o' .irtton b M iiu lin n .