12/19/11 VISION: Fair distribution of investment burdens and benefits GOALS: Provide neighborhood job opportunities through EcoDistrict projects Enable both property renters and owners to invest in new development Ensure that the perspective of all ethnicities and income levels inform project priorities Promote equity and opportunity through all EcoDistrict activities EQUITABLE DEVELOPMENT
Baseline income mix Median Household Income: $37,348 Median Household Income: $58,884 Median Household Income: $51,673
Owner vs. renter occupied housing
Affordable based on a median city income of $51,000 (2004) In Lents: ~$43,000 (2004)
High cost loans as a share of home purchase loans by race/ethnicity by census tract Source: Greater Portland Pulse
Equity Map: Housing Source: Lents URAC Annual Report
Equity Map: Business & Industry Revitalization Source: Lents URAC Annual Report
12/19/11 Baseline Metric Goal Target Jobs jobs jobs jobs 0 EcoDistrict Jobs TARGETS : EcoDistrict Job Creation PDC jobs created/ retained since jobs Neighborhood Economic Development Strategy 500 new jobs created by CBOs; 1000 new jobs through clusters/high growth industries Additional jobs above city established goals
88 Market Ararat Daisy’s Tienda Mexicana Henry C-Store Mt. Scott Market Oriental Food Value Walmart