How NWCUA and Consolidated Community CU Work Together for Workforce Housing Solutions…
July 11, 2019
A reposted Article from CUbroadcast
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.
Posted in NWCUA in the News.