Annual Report 2016-17

>Annual Report 2016-17
Annual Report 2016-172018-05-01T11:53:52+00:00

Annual Report FY 2016-17

A Letter from our Executive Director

Kimberly Branam

It’s my pleasure to introduce Prosper Portland’s 2016-17 Annual Report, a look back at our efforts to create economic growth and opportunity and our ongoing evolution as an organization.

This report focuses on who we worked with, what we learned, and why it mattered. As we strive to become a learning organization, we are committed to celebrating success and recognizing when and where we could have done things differently – in each case building on those lessons to have a more positive, equitable impact on our community.

In 2016-17, those discoveries encompassed the following:

  • Our funds take long-standing projects to the finish line – like the completion of a much-needed playground in outer East Portland using $125,000 in Prosper Portland community livability grant funds
  • Transformative change results from an intentional focus on making resources available to people who have been historically underserved – with 74 percent of Prosperity Investment Program funds going to people of color, businesses like the Cha Lua Deli can grow and thrive.
  • Diversity of partnerships, synergy of vision and inclusive community engagement strengthens development outcomes – lessons we took from the Lents Town Center and Burnside Bridgehead projects.
  • Business services are enhanced by direct engagement with partners and community members – throughout the year, Prosper Portland staff engaged with more than 8,000 Portlanders, and used that engagement to tailor agency programs like the Inclusive Business Resource Network.
  • The future is big – for small businesses. More than 80 percent of businesses served by our traded sector team have fewer than 50 employees and drive a significant portion of employment growth in our region.

In keeping with our strategic plan, we continued to focus on work that serves businesses owned by people of color and women and that benefits low-income and underserved communities. The measures of that work include nearly 275,000 hours worked by apprentices, more than 300,000 hours worked by minorities and 100,000 hours by women on construction projects where our Workforce Equity Policy applied; and more than 1,100 low-income and/or minority recipients of our adult and youth workforce program services provided through partner organizations.

Thank you to the many community, business, and public partners who collaborated to make these results possible. We look forward to continuing our work with you to build an equitable economy for Portland.

Kimberly Branam, Executive Director

1,517
New Jobs

created

1,517 Jobs Created

  • Recruitment – 718
  • Workforce – 354
  • Small Business – 227
  • Ezone – 180
  • PEIC – 38

262 Small Businesses

served

262 Small Businesses Served

  • 81% of businesses served were people of color
  • Increase in avg gross sales: $82,000

1,722
Adults/Youth

served

Adult/Youth Workforce Programs

  • 1,231 adult participants served; 61% of color
  • 491 youth participants served; 77% of color

Un-employment

at record low

Unemployment

  • Multnomah County Unemployment: 3.3%
  • United States Unemployment: 4.1%

David Jenkins

PROSPERITY

Inclusive Business Resource Network

David Jenkins, founder and CEO of Marie Ernst™ luxury beauty bars, has benefited from the wide range of resources funded by Prosper Portland via the Inclusive Business Resource Network.

Stats: Inclusive Business Resource Network

0%
of businesses had limited English speaking skills
0%
were business owners with low incomes
$0
average gross sales upon exit after 3 years in the program

Additional Programs:

(Roll over each box for more stats)

Adult
Workforce Program

Adult Workforce Program

  • 1,231 participants
  • 61% of participants were people of color
  • 90% had low incomes at 0-30% MFI
  • 65% of participants exited the program with employment
  • Average wage was $14.56 per hour

Youth
Workforce Program

Youth Workforce Program

  • 491 participants
  • 77% of participants were people of color
  • 86%  had low incomes at 0-30% MFI
  • 70% of participants exited the program with employment

Neighborhood Prosperity Network

Neighborhood Prosperity Initiative / Main Streets

  • 38 net new jobs
  • 52 net new businesses
  • 31,732 volunteer hours
  • $794,071 operations leverage

LEARN MORE

Mirsa Lopez

NEIGHBORHOODS

Lents Commons

A collaboration between Prosper Portland and the Portland Housing Bureau, Lents Commons is a mixed-use, mixed-income project with 54 units of housing and approximately 7,500 square feet of retail space on the ground floor.

Stats: Prosper Portland Owned or Sponsored Projects

For the 3 projects that broke ground during the fiscal year:

$0
in total construction
$0
to DMWESB subcontractors
0%
DMWESB performance

For the 9 projects currently under construction where our Workforce Equity policy applies:

0
Total apprentice hours
0
Total hours worked by minorities
0
Total hours worked by women


Other Lents Town Center Developments include:

(Roll over each project for more stats)

Zoiglhaus Brewing Co

5716 SE 92nd Ave

Zoiglhaus

  • $474K investment by Prosper Portland
  • 24 jobs
  • $854K total project cost

LEARN MORE

Asian Health & Service Center

Coming 2018

Asian Health & Service Center

  • $4.9M investment by Prosper Portland
  • 25 jobs
  • Coming in 2018

LEARN MORE

Oliver Station

Coming 2018

Oliver Station

  • $8.1M investment by Prosper Portland
  • 126 affordable units; 19 market rate units
  • Coming in 2018

LEARN MORE

Oregon Tradeswomen

JOBS

Oregon Tradeswomen

Oregon Tradeswomen is a Portland-based nonprofit whose mission is to promote the success of women in the trades through education, training, leadership development and mentorship. In 2015, Prosper Portland awarded a Community Livability Grant to install upgrades to their office space and build capacity to house more staff.

Stats: Prosper Portland Grants

$0
Community Livability Grants awarded
$0
Prosperity Investment Grants awarded
0%
of PIP grants awarded to people of color


Grant recipients include:

(Roll over each project for more stats)

Champions Barbering Institute

Champions Barbering Institute

LEARN MORE

Lents
K-8
Playground

Lents K-8 Playground

LEARN MORE

Rose CDC Youth Music Education Center

Rose CDC Youth Music Education Center

LEARN MORE

Talent Diversity Initiative

Talent Diversity Initiative

Local casting company Cast Iron Studios launched the Talent Diversity Initiative in 2015 in response to the need for more diverse actors in shows like The Librarians and Grimm, both filmed in Portland. The 36-hour intensive acting course gave diverse performers the opportunity to hone their skills with two of Portland’s finest acting coaches and a myriad of guest speakers, at no cost to the actors. Cast Iron’s commitment to promoting a diverse and inclusive talent pool in the Northwest connects with Prosper Portland’s own aim to honor diversity and inclusion in its work to build an equitable economy.

Stats: Enterprise Zone

0
new companies entered program
$0
in estimated investment
$0
of local procurement by E-Zone companies within Portland
$0
in capital investment by all E-Zone companies

Burnside Bridgehead projects

PARTNERSHIPS

Burnside Bridgehead

Prosper Portland’s collaboration with three very different developers have produced a lively mixed-use neighborhood in the Central City grounded in partnership and community priorities. In 2016-17 all four blocks were either activated or under construction, fulfilling the framework plan for the area that called for a mix of uses (commercial, employment and residential) that activate the site, build on its unique character, and provide opportunities for the community to gather.

Stats: The Yard

$0
Total project cost
0
Total apprentice hours
0
Total hours worked by minorities
0
Total hours worked by women
0
Total units
0
Affordable units (at/below 60% MFI)
0
Square feet of retail/office space


Other Burnside Bridgehead projects include:

(Roll over each project for more stats)

Eastside Exchange

Beam Development

Eastside Exchange

  • Reuse completed in 2013
  • Sale price: $2.3M
  • 96,000 sf office

LEARN MORE

SideYARD

Key Development

SideYARD

  • Sale price: $336K
  • 5-story mixed-use building
  • Coming in 2018

LEARN MORE

Fair-Haired Dumbbell

Guerrilla Development

Fair-Haired Dumbbell

  • Completed in 2017
  • Sale price: $1.2M
  • 56,000 sf office space

LEARN MORE

Slate

Urban Development + Partners

Slate

  • Completed in 2016
  • Sale price: $2.3M
  • 32,000 sf office, 8,300 sf retail, 69 units

LEARN MORE

Paulmang Gualnam

Paulmang Pau Gualnam, Community Outreach Coordinator, Division-Midway Alliance

Before the Division Midway Alliance hired him, Gualnam volunteered for the district, working with Myanmar immigrants and teaching them what he learned on his own as a newcomer to the city and the U.S. himself.

Sean Murray

EQUITY

Sean Murray, Human Resources Director

In 2016-17, Prosper Portland revamped its approach to candidate recruitment, putting more emphasis on use of partner relationships and equitable hiring practices to demonstrate good stewardship and commitment to equity.

Stats: Community Engagement

0
Number of Portlanders we engaged with in our outreach efforts

Our social equity efforts include:

(Roll over each box for more info)

Prosper Portland Equity
Council

Prosper Portland Equity Council

The Equity Council is furthering our journey of inclusiveness as an organization through plans for staff training and facilitation, caucusing, informal meetings and raising awareness and promoting equity within Prosper Portland.
LEARN MORE

N/NE Community Development Initiative

N/NE Community Development Initiative

The N/NE Portland Community Development Initiative, established by Prosper Portland and guided by an advisory committee, guides the investment of remaining resources in the Interstate Corridor.
LEARN MORE