Contact: Shawn Uhlman, PDC 503-823-7994

February 07, 2012

Mayor Sam Adams today announced six communities that have been selected to participate in the Neighborhood Prosperity Initiative.  The selected districts in this community-driven process will become small urban renewal areas and will be the city’s partners in building capacity to drive community-specific economic development.

Each of the six districts met organizational milestones to be accepted into the program. Groups established steering committees and held meetings to determine boundaries; conducted mailings and extensive outreach; translated documents into many different languages; and held small and large community meetings to explain and envision the program to meet each district’s unique needs.

The successful six districts which submitted letters of interest in organizing and creating an urban renewal area are: NE 42nd Avenue; Cully Boulevard; Parkrose; Rosewood; SE Division Street from 117th to 148th Avenue; and SE Division and 82nd Avenue. Each will now move to the next step in the NPI process.

Mayor Adams said, “Over the past four months, the community has been doing the talking, and the city has been listening. We are delivering on the Neighborhood Economic Development Strategy and on the emerging strategies in the draft Portland Plan, bringing much-needed money to east Portland and underserved areas of the city. We can share our pride in establishing a community-driven approach that will make a tremendous difference in our neediest neighborhoods.”

Multnomah County Chair Jeff Cogen said, “Today’s announcement is a promising step forward in the evolution of urban renewal. Bolstering the creativity and vision of these under-served communities with financial and technical assistance creates the potential for development in Portland to move beyond the symptoms of urban decay to treating the root causes.”

The Neighborhood Prosperity Initiative (NPI), originally outlined in the mayor’s February 2011 State of the City speech, will focus investments in priority neighborhoods to boost neighborhood business growth, provide economic development opportunities and improve community-wide prosperity. The six selected districts will use public and private funding for a continuum of services that position businesses for economic success.