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 [...]

The Hill Block Project: North Russell Street & Williams Avenue Contact: MinNefer “Mjayi" Mernahkem , email or 503-823-3363 Legacy Health, Prosper Portland and the City of Portland have agreed 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 [...]

Affordable Commercial Tenanting Program Alberta Commons   Alberta Commons is a new development in the heart of the Soul District, on the corner of NE Martin Luther King, Jr. Boulevard and NE Alberta Street, that presents a unique opportunity for underrepresented small businesses to gain a foothold in the retail mix of the area, while [...]

Affordable Commercial Tenanting Program Lents Town Center Contact: Alison Wicks, email or 503-823-3949 Prosper Portland and the Portland Housing Bureau have invested $54 million in the heart of the Lents Town Center to deliver on the Lents Action Plan goals for rebuilding the historic Lents Town Center commercial district. Four development projects are currently under [...]

Affordable Commercial Tenanting Program Prosper Portland has created the Affordable Commercial Tenanting Program to address a recent dramatic increase in retail rents and decrease in vacancy rates in the city of Portland, which have resulted in the displacement of small businesses from Portland's urban neighborhoods. The program seeks to: reduce barriers to entry for underrepresented [...]

Commercial Property Redevelopment Loan Program Prosper Portland uses the Commercial Property Redevelopment Loan Program to assist property owners with redevelopment, new development and tenant improvements that encourage business development and job growth within urban renewal areas (URAs). Contact: Nixie Stark, email or 503-823-0465 The Commercial Property Redevelopment Loan Program is intended to supplement equity contributions and traditional [...]

Community Giving Program The sponsorships Prosper Portland provides are investments in the community that reflect our key values: to make a difference, to build partnerships, to advance equity, to innovate. We make these investments to support the underserved, to advance our goal to create economic opportunity and growth for all Portland residents and to share [...]

Inclusive Business Resource Network About the Program Business Resources Contact: Amanda Park, email or 503-823-3340; Morgan Masterman, email or 503-823-6839; Katherine Krajnak, email or 503-823-0013; From tech startups to neighborhood retail, small businesses are vital to the city’s economy. The Inclusive Business Resource Network is a citywide program that brings multiple services [...]

Community Livability Grant (CLG) Program Contact: Alison Wicks, email or 503-823-3949 APPLICATIONS CLOSED FRIDAY, NOVEMBER 16 AT 5PM. Fiscal Year 18-19 Applications closed Friday, November 16 at 5pm. Prosper Portland is seeking proposals from community-based organizations for projects that foster vibrant and healthy neighborhoods and improve the prosperity of area residents [...]

Prosperity Investment Program (PIP) Contact: Nixie Stark, email or 503-823-0465 The Prosperity Investment Program provides tax increment finance (TIF) resources in line with local community action plans and Prosper Portand’s 2015-2020 Strategic Plan to make small-scale real property improvements and to deliver business and development-focused technical assistance. PIP Grant Overview [...]