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Seattle & Northwest  + Portland  + Apartments  | 

$3M Grant Awarded to Portland Veteran Housing Project

First A.M.E. Zion Church, in partnership with Logos Faith Development and Rivermark Community Credit Union, announced a $3 million grant to help build housing for veterans in Portland, Oregon.

The grant will support the development of 44 units of housing for veterans and their families. “Receiving this $3 million award is nothing short of a moment of resilience and redemption for our church, the oldest Black church in Oregon and a steadfast anchor in the Albina community,” said Reverend Dr. Payne of First A.M.E. Zion Church.

Rivermark Community Credit Union served as the sponsoring financial institution, securing funding for the project from the Federal Home Loan Bank of Des Moines. Pastor Martin Porter, Founder and CEO of Logos Faith Development, said, “I am thankful that my team and I can play a role in supporting Pastor Payne and First A.M.E. Zion Church’s vision and mission to empower the local community and provide fantastic housing for veterans.”

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Inside The Story

First A.M.E. Zion ChurchLogos Faith DevelopmentRivermark Community Credit UnionFederal Home Loan Bank of Des Moines

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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