Larry Ellfritz, President/CEO of Consolidated Community Credit Union (Portland, Oregon) and Sharee Adkins, Executive Director of NWCUA joined us on the program to share their combined efforts to find workforce housing solutions in Portland, Oregon.
According to Sharee and Larry (reporting from downtown Portland), 300,000 more people moving to northwest by 2025 — outpacing housing production, which will increase home prices further, 44% increase between 2011-2015. This price increase and scarcity will make it more challenging for folks to buy homes in the area.
As a result, the Northwest Credit Union Foundation has awarded $290,000 in grants to Consolidated Community, Central Willamette, and Mid Oregon credit unions to help implement solutions and products to address workforce housing needs in the area.
Check it out and let us know your thoughts.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.