Oregon IDA InitiativeOregon IDA Initiative

2016 IDA Awards

By Jessica Junke, Director of Economic Opportunity, Neighborhood Partnerships

Neighborhood Partnerships, under the leadership of Oregon Housing and Community Services (OHCS), is incredibly honored to partner with the dedicated organizations of the Oregon IDA Initiative. Their collective commitment to building lasting pathways to opportunity across the state is extraordinary.

Today, OHCS announced an award of $9.35 million to be distributed to our 10 partner organizations:

In addition to maintaining our impactful statewide services in 2016, the Oregon IDA Initiative will include new savings categories because of our success during the 2015 Oregon Legislative session. These initial, focused pilots, led by CASA of Oregon and NEDCO, will give people access to savings for first and last month’s rent, building retirement readiness, and much more.

For instance, a pilot with Northeast Oregon Economic Development District (NEOEDD) will help community members purchase reliable vehicles to meet a significant unmet need in their region. Mercy Corps NW will expand support to young people currently incarcerated with the Oregon Youth Authority to save to support their success as they return to their home communities. NEDCO, in Springfield, OR will offer tenants at their Polk Street Apartments, an apartment complex for young adults aging out of foster care, a chance to save for more stable and lasting housing.

Please contact me with any questions about the 2016 Oregon IDA Initiative funding awards (jjunke@NeighborhoodPartnerships.org, 503-226-3001 x 109).

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