Neighborhoods

Old Town / Chinatown Development Prosper Portland owns two properties in the heart of Old Town/Chinatown that are key to implementing the vision of the Five-Year Action Plan for the neighborhood: Block 25 and 4th & Burnside. Block 25 Contact: Eric Jacobson, email or 823-3306 Owner: Prosper Portland Location: River District [...]

Legacy Health, Prosper Portland and the City of Portland have formed a partnership to develop a vacant 1.7 acre block at North Russell Street and North Williams Avenue currently owned by Legacy Health. The focus of the development is to honor Portland’s African-American community, contribute to the neighborhood’s vibrancy, and further Legacy Health’s mission of promoting health and wellness for children and families.

Prosper Portland offers the Affordable Commercial Tenanting Program at Alberta Commons, a unique opportunity for small minority-owned businesses to gain a foothold in the retail mix of the area, provide needed goods and services to the neighborhood and create lasting, beneficial relationships with the Northeast Portland community.

Prosper Portland offers the Affordable Commercial Tenanting Program at two sites in the heart of the Lents Town Center.

Prosper Portland has created the Affordable Commercial Tenanting Program to reduce barriers to entry for underrepresented businesses, preserve small business vitality, and advance our goal to build an equitable economy.

The Commercial Property Redevelopment Loan Program provides financial assistance for property development or rehabilitation that furthers economic development in commercial areas or on commercial corridors.

Prosper Portland is expanding our work with startups and minority-owned businesses to leverage the power of a partnership network committed to increasing the success of 1000 underrepresented entrepreneurs.

The CLG program prioritizes projects that benefit communities of color or people with low incomes, and that promote widely shared prosperity.

PIP Grants are awarded to support business competitiveness and/or property redevelopment in projects that meet social equity goals.

The Action Plan guides the investment of $32 million in the Interstate Corridor urban renewal area to align with strategic goals that benefit the community.