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Page A6
March 29. 2006
H ousing t=i
Housing Cost Seniors Can Postpone
Property tax
deferrals
offered
The Oregon Department
of Revenue reminds Orego
nians that April 17 is the
filing deadline for the Senior
and Disabled Citizen Prop
erty Tax Deferral programs.
T hese pro g ram s allow
qualified taxpayers to d e
fer paym ent o f their prop
erty taxes on their hom es.
The state pays the taxes to
the county, m aintains the ac
count, and charges the p rop
erty ow ner 6-percent sim ple
interest, which also is d e
ferred .
The deferral account bal
ance is usually due when the
taxpayer receiving the d e
ferral dies, sells the p rop
erty, perm anently m oves off
the p ro p e rty — for reasons
o ther than health— or if the
property changes ow nership.
A surviving spouse may
qualify to continue the p rop
erty in deferral.
“The purpose o f the pro
gram is to help keep senior
and disabled citizens in their
hom es, and not worry about
how they will pay their prop
erty taxes each year,” said
Debbie Saalfeld, program
m anager. A pplications and
inform ation are available by
c a llin g
your
c o u n ty
a sse sso r’s office or online
at w w w .O regon.gov/D O R .
You may also call the
D epartm ent o f Revenue at
1-800-356-4222. B ecause
the departm ent receives so
many calls this tim e of year,
wait tim es m aybe extended.
We sell donated new & used building materials
to help build more homes for Habitat.
You can help by
• donating materials
• volunteering in the store
• purchasing from our store
66 SE M orrison • 503.283.6247
(u n d e r th e M orrison B ridge)
H A B IT A T
ReStore
Yfr Habitat for Humanity
Portland V.,n«,u.«r Area AifiiMtet
www.pdxrestore.org
Miles Hollin
Kathy Greenidge
Reena Bramblett
Diverse Investment Team Formed
Backing
Affordable
Rentals
Steady growth and geographic
expansion has led Homestead Capi
tal to make several strategic addi
tions to its Portland staff, resulting
in a diverse team that includes
women and people of color.
Rick Fernandez is vice president
for acquisitions, Reena Bramblett
is vice president for underwriting.
Miles Hollin has been hired as di
rector of construction administra
tion, Monica Makin is director for
asset m anagem ent and Kathy
Greenidge is operations director.
Fernandez is currently the co
vice chair of the Housing Author
ity of Portland and has extensive
experience in affordable housing.
He previously managed acquisi
tion and development for Guardian
Management and oversaw afford
able housing investments in eight
western states U S. Bancorp.
B ram b lett
o v ersees
Homestead’s potential affordable
housing investment opportunities.
A Certified Public Accountant, her
core expertise lies in real estate,
including the Low Income Housing
Tax Credi t program.
Hollin ensures that Homestead's
affordable housing developments
are constructed according to the
company’s standards of quality and
timeliness. He has over 23 years of
experience in residential, commer
cial and industrial construction.
Makin is responsible for main
taining the long-term asset quality
of the properties in which Home
stead invests by ensuring that the
properties comply with federal Low
Income Housing Tax Credit regula
tions.
G reenidge’s responsibilities
include staff developm ent and
o v e ra ll
m anagem ent
of
H om estead's Portland office. Her
experience includes service to
Covenant Retirement Com m uni
ties, most recently as assistant
m anager o f Irvington Village af
fordable assisted living facility,
and previously as national coor
dinator o f Outreach M inistries.
Homestead Capital is an equity
investor headquartered in Portland.
It backs the financing of affordable
rental housing in 10 western states.
House Trash to Treasures
W hether you are looking for a
country m otif or the sophistica
tion of Fifth Avenue, painted fur
niture can add just the right touch
to your decor. Join Portland Com
munity C ollege this spring for a
fun and creative non-credit class
that will turn your w orn-out fur1’"
niture into custom ized works of
art.
Painted Furniture transform s
old, tired furniture into art you
can use. W hatever your skill level,
in s tr u c to r and a r tis t D aw n
M c C o n n e ll w ill g u id e you
through the process o f painting
furniture as you decorate a small
piece of furniture.
The class will meet from 6:30 to
9 p.m., Thursdays, April 6 through
June 1, in Room 109 o f the new
arts and hum anities building on
the PCC Cascade Campus, 705 N.
Killingsworth St. Cost is $115. For
more information contact the PCC
Com m unity Education O ffice at
503-978-5205.
Aggressive
_____Property Management Inc.
where we take property m anagem ent seriously
Aggressive Property Management, Inc
We take property management seriously
503-239-5555
www.aggressivepm.com
Aggressive Investment LLC
WE BUY & SELL HOUSES
Avoid Foreclosure, save your credit, sell quickly
503-546-5599
www.aggressiveinvestmentsllc.com
M A IN T E N A N C E
S O L U T IO N S
Maintenance Solutions
503-771-7330