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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (Oct. 2, 2013)
Pase2______________Minority & Small Business Week____________ October2,2013 Equity Lens Fitted to Economic Development TlWeek ¡n The Review An advisory group to the Port land Development Commission held its annual retreat Friday to focus on strategic planning, identify key chal lenges ahead and welcome newly appointed members. The Neighborhood Economic Development Leadership Group is working on a range of issues includ ing the creation of an equity lens to guide PDC investment, the devel opment of a new strategy for com mercial corridor investment and pro viding insight and recommenda- tions on the city’s budget invest ments to support economic devel opment priorities. “Our goal with the NED Leader ship Group was to create a diverse committee composed of community and business representatives who brought expertise in areas like busi ness ownership, workforce devel opment, finance, small business development, or redevelopment - as well as a passion for Portland,” said Patrick Quinton, PDC execu tive director. “Their partnership and support on neighborhood economic development goals thus far has been invaluable.” “As a resident and supporter of east Portland, I’m really looking for ward to the opportunity of serving on this g ro u p ,” said A nnette Mattson. “I’m optimistic we can play a key role in advancing the Lents neighborhood and east Portland.” “I’m honored to serve on the NED Leadership Group on behalf of the Urban League of Portland,” said Michael Alexander. “I’m eager to work with other city-wide leaders j to close the equity gaps in north, ! northeast and east Portland and Government Shut Down work to create opportunities for The federal governm ent officially all Portlanders.” shut down for the first time in 17 In May 2011, the Portland City years at m idnight on M onday, Council adopted a Neighborhood after House Republicans refused Economic Development Strategy to drop dem ands that parts of the which articulates how community, Affordable Care Act be delayed in business and public partners can return for approval of a m anda use focused neighborhood-level tory government funding bill. Fed actions to collectively foster eco eral em ployees who are consid nomic opportunity and neighbor ered essential to public safety will hood vitality throughout the city. still be expected to work. ‘Obamacare* Into Effect O fficially known as The A fford able Healthcare Act, “Obamacare” went into effect Tuesday with on line health exchange marketplaces which are prim arily targeted at easing the financial burden of h ealth in su ran ce for low and m iddle incom e fam ilies and small b u sin esses. Arena Football Return The Arena Football League will return a team to Portland for the first time since 1999, officials an nounced Tuesday. The yet-to-be named franchise will be owned by Terry W. Em m ert o f Clackam as- based Emmert International, an engineered transport and struc tural relocation com pany special izing in ultra-heavy duty transit. Oregonian Cuts Deliveries Starting Tuesday, ‘The O rego nian ’ new spaper stopped deliver ing papers each day, excluding deliveries on M ondays, Tuesdays and Thursday. The publication said it would focus more on its Internet business. Wrongful Rape Convictions Home Equity Line of Credit 1.99 APR1 Introductory Rate for 6 Months Rate available 09/09/13-11/10/13 Rates are subject to change Get a great rate on a Home Equity Line of Credit. Two W ashington state men have each been awarded $5.25 m illion by a federal judge and jury follow ing w rongful, tw o-decade old, rape convictions. New DNA test ing cleared the men o f the charges and led to the award. With rates still at an all-time low, now is the time to make those home improvements Accidental Shooting you've been thinking about. U.S. Bank is offering a Home Equity Line of Credit at < A man handling a gun near South east 87th and Ellis Street acci dently fired Tuesday, injuring him self and a nearby female. 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Existing customers are sta b le with at least a S20.000 increase in balance and commitment amount After the six m onth introductory period: ttie APR is variabie and is based upon an index plus a margin The APR will vary with Prime Rate (the Index: as published’ in the Wall Street ™ 1iV ' 2° 2 3 *anat>le rate for home * * * * hnes 01 Greilif ,rom 3 W % APn 10 8 •99% Hl9’lerra,es " W applyfor a credit limit below SI 25,000 (depending upon the market) an LTV above ,7(y\ Of 80% (depending upon the market), a low credit score and/or not having a U S Bank personal Package Checking account. The rate will not vary above 25% APR, of applicable state law or below 1 99% APR An annual LZZJ M MM LENDER ,ee of up to S90 may apply after the brat year Offer is subject to normal credit qualifications and program guidelines Rates are subject to change without notice 2 Property insurance is required 3 Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply See trie Consumer Pricing Information brochure for terms and conditions that apply to U.S Bank Package Checking accounts Home Equity Loans and Lines of Credit are offered through U.S Bank Nabonal Association ©2013 U.S. Bank All rights reserved. Deposit products are offered through U.S Bank National Association Member FDIC A nuclear power plant in south eastern Sweden was forced to shut down after jellyfish clogged pipes that bring in cool air on Sunday. M arine biologists say this could be a continued problem in the fu ture. Arrests Follow Graffiti An 18-year-oldm ananda 15-year- old boy were taken into custody follow ing a string o f vulgar-laced graffiti was found in W ashougal on Tuesday. The older male was charged with crim inal m ischief.
