Portland Housing Center Nationally Recognized for Increasing Homeownership Opportunities for First Time Buyers
Peg Malloy, Executive
Director Receives National Award for Contributions to Affordable Homeownership

Portland, OR - April 12, 2010 - Last week,
NeighborWorks America announced the 2010 honorees for the NeighborWorks America
CEO award for outstanding performance. Portland Housing Center, a NeighborWorks
Homeownership Center serving the Portland Metropolitan area, was honored at
this year's CEO awards. Portland Housing Center was recognized as the top
producer of homeownership clients in the nation, among NeighborWorks certified
Full Cycle Lenders. Portland Housing Center assisted 387 households to become first time homebuyers in the 2009 Fiscal Year, the second highest of any NeighborWorks Homeownership Center nationwide. "[The Portland Housing Center] exemplifies the
high caliber work that all of the more than 235 organizations in the
NeighborWorks network do each day to create strong, vibrant and sustainable
communities," said NeighborWorks America CEO Ken Wade. "We are proud of their
accomplishments and thankful for their exemplary contributions to NeighborWorks
America..." The Portland Housing Center's special
emphasis on meeting the home buying needs of low and moderate-income first time
home buyers is one reason for their success. To do this, not only do they gear
products and services to these home buyers, but also analyze the outcomes of
their work. "The goal of the Portland Housing Center is to find ways to promote
sustainable homeownership through responsible lending, informed consumer
choice, and effective individual guidance for all Portland Housing Center
customers," said Peg Malloy, Executive Director. "As the overall size of the
housing market changes, our broad product menu to serve the needs of diverse
home buyers along with our 'one-stop shopping' model will always differentiate
PHC in the market and help Portland Housing Center to remain among the top
producers of new homeowners each year." |
About Portland Housing Center
Established in 1991,
the Portland Housing Center works in conjunction with Portland city government,
financial institutions, social service organizations, and other civic, public
and private stakeholders. Portland Housing Center provides debt and credit
counseling, financial fitness and home buying classes, down payment loans and
homeowner workshops. In the past nineteen years the Portland Housing Center has
helped more than 6,000 families purchase their first home. A third of the new
homeowners were people of color. For more information, please visit www.portlandhousingcenter.org or call 503-282-7744
x116.
About NeighborWorks America
NeighborWorks America
creates opportunities for people to improve their lives and strengthen their
communities by providing access to homeownership and to safe and affordable
rental housing. Since 1991, we have assisted nearly 1.2 million low- to
moderate-income families with their housing needs. Much of our success is
achieved through our support of the NeighborWorks network-more than 230
community development organizations working in more than 4,400 urban, suburban
and rural communities in all 50 states, the District of Columbia and Puerto
Rico. In the last five years, NeighborWorks organizations have generated more
than $15 billion in reinvestment in these communities. NeighborWorks America is
the nation's leading trainer of community development and affordable housing
professionals.
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