2018 Metro QLICI of the Year Award Recipient
Blackburn Building (Eastside Campus)
CDE: Corporation for Supportive Housing LLC and Low-Income Investment Fund LLC
Oregon has the second-worst rate of prescription opioid abuse in the nation and Portland is ground zero in the region. The Central City Concern’s Blackburn Building–also known as Eastside Campus–will help address the issue with services focused on recovery, mental health and primary care in an area with 24 percent of its population living below federal poverty guidelines.
The Blackburn Building, which received $15 million in NMTC allocation from Corporation for Supportive Housing LLC and an $11.5 million allocation from Low-Income Investment Fund LLC, will provide 51 respite beds, focused on those exiting detoxification centers and emergency rooms. A condominium financing structure also will allow 124 apartments financed with low-income housing tax credit equity.
Six area hospitals combined to raise $20 million in grant funding for the property, which will allow Central City Concern to serve an additional 2,300 patients per year, reducing health care costs and creating 67 new full-time equivalent permanent jobs.
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