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 will offer the Affordable Commercial Tenanting Program at Ten Y, a full block of commercial space in the prime West End area of downtown Portland at SW 10th Avenue and SW Yamhill Street. The revitalized building will offer a variety of spaces to create a cohesive and complementary mix of tenants.
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 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.