Working Timeline
-
Fall 2014
Project Inception
The vision for building affordable housing on our property was birthed out of 12 weeks of deep discernment, prayer, and analysis of finances, neighborhood need, church assets, and partner opportunities. The church began actively pursuing the project that winter with Home First Development, including drawing up initial architectural plans.
-
Spring 2015
New Kids on the Block
In February of 2015 St. Johns Covenant (later Community) Church arrived at the corner of Fiske & Lombard. While the housing planning was already moving forward, the vision continued to adapt and change as SJCC became a more and more an essential faith partner.
-
Fall 2015
Forward Progress
Toward the end of 2015 there was a lot of mometum and excitement around the housing iniatitive. Initial architectual renderings were drawn up and the former church parsonage on Yale St. was sold to create a financial foundation for the project to begin in earnest.
-
2016 & 2017
Detour: The Scenic Route
2016-2017 were a season of seeking a financial partner who would be able to lend us the full amount of funding for the project construction. After courting 3 separate partners, including denominational entities in the United Methodist Church, God brought Beneficial Bank to our attention. Beneficial Bank offered excellent interest rates, a community mission-driven focus, and technical support beyond what we had encountered previously.
At the same time, our two churches, University Park United Methodist Church and St. Johns Community Church, were in the process of becoming an official unionized congregation. It was a relational process that required trust and time. During this time our congregation also grew in unexpected ways, with a large congtingent of people who were neither (or both) UPUMC or SJCC, but who were fully committed to the vision and heart of our church.
On October 22nd, 2017 Portsmouth Union Church became official and by the end of the year we were ready to sign on the dotted line for $1.636 million in financing with Beneficial Bank.
-
April 2018
Appraisal of the property
-
Spring 2018
Negotiation with City
Negotiation with the City of Portland and various related Bureaus to move forward on land use and zoning needs.
-
Late Spring 2018
Funding
Complete funding made available by Beneficial Bank for demolition and construction.
-
Summer 2018
Demolition commences
Demolition of fellowship hall, bathrooms, kitchen, and Lombard entry way begin.
- March 2020
Reservation Letter
Receive reservation letter from OHCS.
- May 2020
Submit for Building Permits
- September 2020
Construction Begins
Receive permits and begin construction.
- September 2021
Complete Construction
- November 2021
Stabilization and Lease-up
-
Spring-Summer 2020
Building Permit Approval
Building permit approval process through Development Services.
-
Spring 2020
Request-for-Proposals
Property management company request-for-proposals created and shared widely.
- Summer 2020
Property Management Company Chosen
Property Management company chosen, lease-up processes determined and begin.
- Spring-Summer 2021
Construction
- Summer-Fall 2021
Completion
Construction completed and residents move in.
Next Steps
With a fully stable and committed church community, detailed architectural plans, a committed financing structure, and an active Affordable Housing Taskforce caring for each step of the development process, we are eagerly anticipating for the year ahead.