IHI Charity Golf Tournament at Colwood National Golf Club

IHI's Second Annual Charity Golf Tournament was a big success! This year's event brought together 22 sponsors, 80 players, and numerous donors to raise more than $20,000 gross for IHI's Resident Services Program. The tournament was again held at Colwood National Golf Club. We extend a big thanks to Walsh Construction Co. who co-sponsored this year's event and to all those who participated and donated on behalf of IHI. We look forward to another fun tournament in Summer 2011!

Innovative Housing Launches Innovative Change$ IHI is pleased to announce the launch of Innovative Change$, an emerging Community Development Financial Institution. Innovative Change$ (IC$) helps low- and moderate- income individuals and families manage short‐term financial needs in order to achieve household and financial stability. IHI received funding from Meyer Memorial Trust, Northwest Health Foundation, and Spirit Mountain Community Fund to initiate the pilot phase of IC$. After receiving its state lending licenses, IC$ officially opened for business in February 2010, providing financial education, resource mapping, credit-building opportunities, and small-dollar, short-term consumer loans. Throughout the pilot phase, IC$ lending services will be available to clients, including Innovative Housing's residents, on a referral-only basis, through one of IC$'s partner organizations. Financial education services -- including individual coaching, group workshops, and special seminars -- are available to the public and are free of cost for a limited time. Please visit the Innovative Change$ website or call the IC$ staff at (503) 943-5607 for more information about how to participate.

The Clifford Apartments

The Clifford

IHI is proud to announce the start of construction on the Clifford Apartments in inner SE Portland! This project has been a long time coming — IHI has been raising funds to acquire and rehab this historic building since 2007. Thanks to the partnership and support of the Portland Development Commission, Oregon’s Department of Housing and Community Services, Multnomah County, Wells Fargo Bank N.A., the Network for Oregon Affordable Housing, and the Historic Preservation Fund, Innovative Housing closed on financing and began construction in March 2010. Rehabilitation will be complete in early 2011 and will result in 88 rehabilitated affordable housing units at a great central location just east of the Morrison Bridge.