May 23, 2012
By David Nguyen
This morning, Nick joined Catholic Charities & Caritas Housing, members of the McCoy family, and community members to celebrate the grand re-opening of McCoy Village, a newly-restored affordable community, home to 55 individuals and families.
Named for honored community leaders Gladys and Bill McCoy, the complex suffered from poor construction and unsafe living conditions. Gladys was a former Multnomah County Chair and Portland Public School Board Member, and Bill represented North Portland as an Oregon State Senator.
The Portland Housing Bureau was proud to invest $1.5 million in Tax Increment Financing from the Interstate Urban Renewal Area to restore McCoy Village. The funds were part of the City's 30% Set-Aside commitment, which prioritizes building and preserving affordable homes.
In addition to restoring the homes themselves, McCoy also has a restored sense of community with a new child care room, a computer lab, a playground, and resident gathering spaces.
McCoy Village adds to the growing list of affordable opportunities in our community, along with Chaucer Court, Bud Clark Commons, and the soon-to-open Gray's Landing. These investments in our community help make Portland a great place to call "home."
Larry Bingham in The Oregonian