ROCKWOOD GET'S ITS RIBBON CUTTING
After years of hard work by all team members involved, our Rockwood project formally completed with a public ribbon cutting. During the morning event, co-developers Ernesto Fonseca, CEO of Hacienda CDC and Eric Paine, CEO of CDP were joined by Mayor Travis Stovall, City of Gresham; Council President Eddy Morales, City of Gresham; Councilor Dina DiNucci, City of Gresham; Commissioner Lori Stegmann, District 4, Multnomah County; Councilor Shirley Craddick, District 1, Metro; and Kate Gonsalves, Communications Manager, Oregon Housing & Community Services (OHCS).
Although the project was already in construction when voters passed Metro’s affordable housing bond in 2018, the new funding stream made it possible to designate 47 of these homes as “deeply affordable.” These apartments are reserved for households whose income is 30% of the area median income or less, which is $22,380 for a household of one or $31,950 for a household of four. The remaining apartments are reserved for households making 60% and 70% area median income or less.
As articulated by Eric Paine, CEO of Community Development Partners: "We are here to stay hands-on, we are here for the long haul. This is a space to learn, celebrate and come together as a community."
AND MISSISSIPPI GET'S ITS OPENING PARTY!
We had a great time hosting our clients, collaborators, colleagues and friends at our first summer party. The event also served as an opener for Capitola Coffee located on our bottom floor. Part of the goal in Mississippi's design was creating a shared public space that would lead to more events just like this one. We are looking forward to hosting more in the future!