Oregon Impact Fund Investment

Oregon Impact Fund Investment

The following information is directly from the Oregon Community Foundation Oregon Impact Fund Loan Document on their website. To look at the full document, click here.

THE ISSUE
The demand for affordable housing continues to grow around the
state. NeighborWorks Umpqua builds and manages affordable housing
to increase and preserve the supply of multiple types of affordable
housing for low-income individuals and families in rural Southern
Oregon.

NONPROFIT ORGANIZATION/BORROWER
NeighborWorks Umpqua is a rural-focused nonprofit housing and
community development organization that serves individuals, families,
and communities in Southern Oregon through housing development,
property management, homeownership assistance, financial education,
and community convening. Founded in 1991, NeighborWorks Umpqua
serves Coos, Curry, Douglas, Jackson, and Josephine counties. Eagle
Landing (pictured above) is a collaborative project between NeighborWorks
Umpqua and the US Department of Veterans Affairs that provides 53
units of housing for homeless veterans and their families.

STRATEGY
Oregon Community Foundation (OCF) provided loan capital to
NeighborWorks Umpqua to increase their working capital that is
needed to build and preserve housing quickly and effectively in the
broad area they serve. OCF’s loan supports NeighborWorks Umpqua’s
strategic efforts to actively increase their housing development work to
meet the ever-growing demand they see in the communities they serve.

INVESTMENT DETAILS: FINANCIAL RETURN AND IMPACT
OCF provided a $1.5 million loan to NeighborWorks Umpqua with a
three and a half percent interest rate and a seven-year term. OCF’s
investment is expected to support NeighborWorks Umpqua’s creation
or preservation of 500 units of affordable housing over five years.

Freeman, Melissa (2019). Impact Investing:  Providing capital to address pressing issues. Retrieved from https://oregoncf.org/assets/PDFs-and-Docs/PDFs/ocf_impact_investing_2019.pdf 

September/October Edition of The Works is here!

September/October Edition of The Works is here!

In this issue:

  • Welcome to the Douglas County Issue! Moving forward we are devoting one issue to each County in our Service Area.
  • Learn about the upcoming Downtown Roseburg Street Festival!
  • Learn about Heartwood ReSources’ upcoming expansion!
  • Take our communication survey!
  • and more!
Request for Proposals for a Coastal Consultant

Request for Proposals for a Coastal Consultant

A. Statement of Purpose
Umpqua Community Development Corporation, dba NeighborWorks Umpqua (NWU), seeks to engage with a consultant to develop and implement an equitable community engagement plan to help position the organization to develop affordable housing in collaboration with existing housing stakeholders in coastal Southwest Oregon.

B. Background Information
NWU was founded in 1991 in response to the lack of affordable housing development in Douglas County, Oregon. Formed by a group of concerned citizens, NWU began developing affordable housing and community development projects and over the years has grown to serve a vast rural area in Southwestern Oregon consisting of the five counties of Coos, Curry, Douglas, Jackson, and Josephine. NWU provides affordable housing development, asset building, homeownership, lending, community engagement and advocacy, and community-based economic development services.
NWU is a chartered member of the NeighborWorks America community development network and maintains an Exemplary rating. We are a certified Community Housing Development Organization (CHDO) and are a member of Rural LISC, Rebuilding Together, and the NextStep Network.
NWU has a twelve-member Board of Directors with diverse backgrounds and roots in rural Oregon, a staff of 42 dedicated employees, and an annual operating budget of approximately $6.5 million. We have an affordable housing portfolio of 609 units. Since 2011, we have created 389 homeowners and assisted 273 homeowners in maintaining their homes.

C. Tasks to be Accomplished
Task 1: Create a three-year Collective Impact Plan for coastal affordable development with NeighborWorks Umpqua serving as the backbone organization.
Task 2: Develop an Equity Plan for engaging diverse stakeholders in pre-development activities that aligns with NeighborWorks Umpqua’s Race Equity Diversity and Inclusion Team’s goals and objectives.
Task 3: Support the Curry Housing Task Force through meeting convening and facilitation.
Summary of Deliverables
All deliverables are due by the end of the period of performance.

  1. Three-year Collective Impact Plan
  2. Coastal Housing Development Equity Plan
  3. Meeting agendas and minutes for Curry Housing Task Force

D. Contract Details
Period of Performance

  • The project period desired is from October 15, 2019, through December 31, 2019.
  • Compensation for the successful bidder is $10,000.
  • Payment will be made in two increments: $5,000 at the signing of the contract and $5,000 at the successful completion of work.

E. How to Submit a Proposal
Please submit the following no later than October 8, 2019, to Kasilita Katoa by email at kpakola@nwumpqua.org. Electronic submissions are required.
Respondents are asked to submit a narrative proposal and any supporting documents that respond to the items below. Please limit narrative submissions to no more than 5 pages, double-sided, or 10 pages single-sided. Supporting documents do not count towards the page limit. Each item will be scored and evaluated according to the percentages outlined.

  1. A technical approach, which describes how you will carry out the tasks outlined above.
  2. (25%)A summary of your recent and relevant projects. (15%)
  3. Equity Statement of Firm or Consultant’s approach to equitable development (15%)
  4. A summary of experience working in Coos, Curry, or Western Douglas Counties in Oregon and understanding of the community dynamics and context as it relates to housing development and planning. (25%)
  5. Resume/CV (10%)
  6. Names, phone numbers, and email addresses of individuals at three nonprofit organizations who have been your clients during the last eighteen months and whom we can contact as references. (10%)
  7. Bonus: Consultants that reside full time in Curry, Coos, or Western Douglas Counties will receive a 5% boost in scoring. Minority or Women-Owned Firms or Sole Proprietors will receive an additional 5% boost. The boost will be awarded at the sole discretion of NWU. To qualify for either boost, please submit documentation that supports the requested boost.

If you have questions, please email them to kpakola@nwumpqua.org.

NeighborWorks Umpqua seeking proposals from qualified contractors

NeighborWorks Umpqua seeking proposals from qualified contractors

Rural-focused nonprofit NeighborWorks Umpqua is seeking proposals from qualified contractor firms to provide professional services for the rehabilitation of the Community Center at Newton Creek Manor located at 499 NE Sterling Drive, Roseburg, OR 97470. Proposals shall include all costs to rehabilitate the current center on-site, per the scope of services, including an estimated start and completion date for the project. Minority-owned, women-owned, and/or emerging small businesses are encouraged to apply.  Interested parties should fill out the form below to receive the Request for Proposal packet. Completed packets are due by 5 PM on October 10, 2019.

Project Timeline

09/20/2019 Release of the Request for Proposal (RFP) packet
9/30/2019 Nonmandatory Pre-Bid Walkthrough at Site
10/10/2019 RFP packet due
10/17/2019- 10/24/2019 Contract awarded

Request for Proposal Packet

13 + 1 =

Downtown Roseburg Street Festival is back!

Downtown Roseburg Street Festival is back!

Have you heard the news? This October 13, Downtown Roseburg will be rockin’ thanks to the fourth  Downtown Roseburg Street Festival! Join the thousands of participants from 11:00 a.m. to 4:00 p.m. as they enjoy the live music, great food, activities and games, and fun retail merchants in the heart of Downtown Roseburg, thanks to the Community Cancer Center, Downtown Roseburg Association and NeighborWorks Umpqua. 

The fourth event is even bigger than before! Jackson Street will be closed from Douglas to Lane Streets with over four blocks of activities! The 400 block of Jackson will host the live music brought to you by Hat Trick. On the 500 block you will find all manner of retail merchants. Food trucks and outdoor sitting can be found on the 600 block, and The Elks Lodge will host all sorts of activities and games on the 700 block. 

The Community Cancer Center is the title sponsor for this Downtown Roseburg Street Festival, with the goal of increasing understanding and providing education during breast cancer awareness month. The Breast Cancer Awareness Campaign will be in full swing at the Downtown Roseburg Street Festival on October 13th, with a Power of Pink March beginning at Eagles Park at 11:30 a.m. Mark your calendars now and stay tuned for more information as more merchants and food trucks come on board.

Visit https://www.downtownroseburgassociation.org/product/street-fair-vendor-fee/ to grab an application. For more information, contact the DRA at 541-673-3352 or susie@downtownroseburgassociation.org.


Looking for a way to give back to your community this holiday season? Try a tax-deductible donation to NeighborWorks Umpqua! Use the secure form below.

JavaScript is not enabled. You must enable JavaScript to use this form.

Donation Information

I would like to make a donation in the amount of:

$200$100$50Other
I would like to designate this donation to a specific fund

I would like this donation to automatically repeat each month

Tribute Gift

Check here to donate in honor or memory of someone

Donor Information

First Name:
Last Name:
Email:
Please do not display my name publicly. I would like to remain anonymous
Add me to your mailing list
Phone:

Donor Address

Address:
Address 2:(optional)
City:
State :
Country:
Postal Code: