COMMITTEE CHARGE

To increase minority homeownership in Portland, by creating affordability and wealth creation recommendations that will help people of color become home owners.

Affordability is one of the greatest barriers to increasing minority homeownership. Multiple strategies for addressing the affordability gap and to support wealth creation have been, and are being implemented in Portland. As we craft the strategic plan to eliminate Portland’s minority homeownership gap, it is appropriate that we evaluate these strategies and make appropriate adjustments and additions to achieve our goal.

This committee will work between February 2007 and March 2007 to develop recommendations to be presented to the Steering Committee for vetting and action

Review the Affordability and Wealth Creation framing document.

AVAILABLE CONTENT COMMITTEES

Outreach and Marketing       Education and Counseling

Loan Process and Underwriting Affordability and Wealth Creation