t March 30, 2011 t Sfiori lit uh (0b surlier HOUSING special edition Page 5 Teaming Up for Affordable Housing Walnut Park remodel saved a community asset In June 2010, R EA CH Community D evelopm ent reopened the new ly renovated W alnut Park A partm ents, in order to preserve and m aintain m uch-needed affordable hom es for northeast Portland seniors, located in the heart o f the K ing neighbor­ hood. R EA C H team ed up the City o f Portland to identify W alnut Park as one o f 11 Portland-area properties in danger o f being sold and losing their affordable rents. The apartm ents are available for rent to those earning less than 50 percent o f area m edian family income. Resident M azell R udder couldn’t be m ore thrilled. “W orking with R EA C H has been w onderful,” R udder said. “T his new building has brought so m uch jo y and peace within m e to see the project com ing together, and the change in the atm osphere.” T he kind w ords underscore the residents’ reaction to the dram atic transform ation. The building is located in a neigh­ borhood w here long-tim e residents, fordable housing and create a sus­ tainable asset for the neighborhood.” R EA C H is team ing up with the Urban League o f Portland to provide senior services and referrals to W al­ nut residents. The com pletely reno­ vated apartm ent building features smoke-free units, raised planting beds for gardens, a new com puter lab, ADA upgrades and several sustainability updates to im prove indoor air quality and w ater conservation. Energy im provem ents are saving an estim ated 100,000 kilowatt hours in the first year. LM C Construction and C arleton Hart A rchitecture do­ nated the new raised planting beds, planters, and pergola flooring. F u n d in g for the W alnut Park A partm ents project w as provided by Bank o f A m erica, M eyer M em orial Trust, N etw ork for O regon A fford­ able H ousing, O regon H ousing and Com m unity Services, Portland Hous­ ing Bureau, and the U.S. Dept o f H ousing and Urban D evelopm ent. photo by C arlton H art A rchitecture T he d ev elo p m en t team included In an effort to preserve affordable housing for longtime senior residents in a predominately African- American neighborhood o f northeast Portland, REACH Community Development acquired the Walnut R EA C H C om m unity D evelopm ent, LM C C onstruction, C arleton Hart Park apartments. They engaged Carlton Hart Architecture to upgrade the 20-plus-year-old building. A rchitecture, and the H ousing D e­ particularly seniors living on fixed “As change accelerates in rapidly says R E A C H ’S H ousing Develop- v e lo p m e n t C en ter. W alnut Park incom es, are being displaced from gentrifying neighborhoods like those m ent Project M anager Jessica W oo- A partm ents are located at 5272 N.E. the com m unity. N early one third o f surrounding W alnut Park, longtim e druff. “W alnut Park is a perfect ex- Sixth Ave. For renting inform ation at the residents living at W alnut are residents living on fixed incom es are am ple o f how com m unity partners REACH properties, call503-231 -0682 over 80 years old. especially at risk o f being displaced,” cam e together to save existing af­ or visit reachcdc.org. Own your first home the right way. Affordably. We’re a nonprofit serving folks for more than ten years. We offer: homes priced below market ($100k-$140k) monthly payments close to current rents reduced property taxes (by about 10-30%) low down payments (just $500—$1500) lots of help and support (before & after you buy) Give us a call. 503.493.0293 xIO | www.proudground.org | se habla español PROUD GROUND