Portland observer. (Portland, Or.) 1970-current, October 06, 2010, Minority and Small Business Week 2010 special coverage issue, Page 23, Image 23

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M inority & Small Business W eek___________
Page 23
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A kitchen equipped with energy-efficient appliances marks one of two
energy-efficient row houses built in north Portland as affordable
housing by the nonprofit Portland Community Reinvestment, Inc.
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versary with
Music Worship, Fellowship
and more!
s
The City of Portland, Portland
G en eral
E le c tric
and
the
Homebuilders of Metropolitan Port­
land held an open house Sept. 30 to
celebrate completion of the first
energy-efficient electric row houses
built through the city’s Energy Effi­
ciency Home Pilot.
The two hom es at 5107 N.
Fessenden Ave. were built by
Terrafirma Building Inc. for Port­
land Community Reinvestment Ini­
tiatives, a local non-profit commu­
nity development organization. Two
additional homes, located three
blocks away, are still under con­
struction with completion expected
in October.
All four homes are expected to
earn LEED Silver/Gold and North­
west Energy Star certification.
The homes, which will be sold
below market rate thanks to grants
from the Portland Housing Bureau,
have been built to be at least 15 and
30 percent more efficient than the
2008 Oregon Energy Code.
Additional benefits to prospec­
tive buyers include property tax
abatements and closing cost assis­
tance as well as pre- and post-pur-
ch ase h o m eb u y e r e d u ca tio n
through PCRI.
"This grant-funded project pro­
vides the affordable housing indus­
try with efficiency strategies that
are cost effective for both the builder
and the homeowner," said Commis­
sioner Randy Leonard. "Through
their contributions, our private sec-
tor partners have taken a leadership
role in bridging the gap between
efficiency and affordability in resi­
dential construction."
"We are proud to partner with
the City of Portland and Terrafirma
to build affordable, energy effi­
cient hom es that help custom ers
save money and protect the envi­
ronment," said Carol Dillin, PGE's
vice president of custom ers and
econom ic developm ent. "By in ­
s ta llin g h ig h -e ffic ie n c y h eat
pum ps in these hom es we are able
to add value for the builder and
long-term energy cost savings for
residents."
Portland Community Reinvest­
ment Initiatives provides afford­
able, scattered-site single- and
m ulti-fam ily housing and associ­
ated resident services tailored to
achieve fam ily stability, self-suf­
ficiency and wealth creation.
Additional inform ation about
PCRI can be found at pcrihome.org.
-,
Oct>22V1Cl5t?7PM
’
Affordable, Energy I I ?
Efficient Housing
Open house
celebrates
completion
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New Song Community Center
Pastors
Jerrys Annie 25H NE Martin Luther King Blvd
Gutierrez
___ Comer of Nt IHUtHIM and Russell S t■
Doors open at 6pm for every service
I
For directions or more information, call
503-488-5481 or log on to www.mfhmportland.com
Advertise with diversity in
71K Portland Observer
Call 503-288-0033
ads@portlandob server.com
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