While homeownership symbolizes the American dream, discrimination has systematically prevented generations of families from communities of color and those with lower incomes from attaining this dream. Opening Doors strives to dismantle these discriminatory barriers, dedicating itself to enabling successful first-time homeownership for Proud Ground's Priority Populations - households of color and families with lower incomes.
Contact
Alma Barraza, Fund Development Director
alma@proudground.org
503-493-0293 x. 105
Symone’s Story - Proud Ground Homeowner
Symone is celebrating her first year as a new homeowner. She loves her three-bedroom North Portland townhome, which she shares with her younger sister who just graduated college.
“I really like the idea of buying a home that would stay afforable for another family if I decide to move on.”
Thank you to our early investors for supporting Opening Doors!
Giving To Opening Doors
Support for Opening Doors means investing in a livable, equitable and economically viable community where every family has access to affordable homes, generation after generation.
Lead Opportunity Investors $250,000 or more
Jim & Diane Coward Family Foundation
Major Opportunity Investors $100,000 or more
Ned and Sis Hayes Family Fund of Oregon Community Foundation
Anonymous
Premium Opportunity Investors $50,000 or more
Opportunity Investors $25,000 or more
Brandon Spooner
Deborah Stein
Opportunity Investors $10,000 or more
Community
Foundation
Bonnie Reagan of Del’s Kids
OCF Advised Fund of Oregon
Leading Opening Doors Investors
Major Subsidy Donors – 2019
“This is a model that’s going to provide homeownership needs to teachers, nurses, public safety people — working families who don’t have a chance at homeownership now.” - County Commissioner Claire Hall
Clark County
City of Lincoln City
City of Newport
Community Framework’s Self-Help Homeownership Opportunity Program
Washington Housing Trust Fund
Gift & Pledge Options
Opening Doors contributions are already making a difference in the Portland Metro Area communities. Please consider supporting us with any contribution size to help working families access homeownership. Your involvement in supporting homeownership opportunities for working families is welcomed and valued by Proud Ground.
-
Opportunity Investor
$5,000/year for 5 years
$25,000 or more total -
Premium Opportunity Investor
$10,000/year for 5 years
$50,000 or more total -
Major Opportunity Investor
$20,000/year for 5 years
$100,000 or more total -
Lead Opportunity Investor
$50,000/year for 5 years
$250,000 or more total
Homeownership Means
Stability
Financial Gain
Educational Opportunity
Self-Esteem Intergenerational
Impact Community
Engagement Autonomy
Opening Doors Impact
$5 Million to be raised during 2021–2025
Creates 200 new permanently affordable homeownership opportunities
Focuses on serving communities historically denied access to homeownership
Supports Oregon’s lower to moderate-income working families
Creates a replicable and scalable way to create affordable homeownership opportunity: systemic, multi-generational impact
Need for Opening Doors
Opening Doors Impact to Date as of February 2023
Current U.S. Census data shows homeownership disparities for People of Color. It's crucial to invest now for lasting change, creating wealth and opportunity for historically excluded families. Every investment promotes social justice, affordable housing, and diverse neighborhoods.
Campaign Progress Update
Opening Doors Impact to Date as of February 2023
$2.7 million raised in two years
110 new permanently affordable homes funded
74 homes sold, 36 homes pending
83% of new homeowners identify as BIPOC
Each $25,000 raised creates a new dedicated affordable property
Opening Doors Model
$5 Million raised = 200 new properties throughout five counties (Clackamas, Clark, Lincoln, Multnomah, and Washington)
The Opening Doors model leverages investments from the private and public sector to remove barriers to homeownership and launch permanently affordable properties.
For a $350,000 single family unit: $25,000 Opening Doors investment $75,000 Leveraged public Investment $250,000 Proud Ground assists families in achieving mortgage-readiness.
Families build equity and the property stays permanently affordable.
Please consider supporting Opening Doors with a contribution of any size. Proud Ground welcomes your continuing involvement to support homeownership opportunity for working families.
Campaign Progress Update:
Opening Doors Impact to Date as of December 2021
Met $1 million fundraising benchmark
Added 42 new permanently affordable homes
80% of new homeowners identify as BIPOC
Benchmarks:
| By 12/2021 | $1 M raised | 40 new addorable homes added |
| By 12/2022 | $20 M raised | 80 new addorable homes added |
| By 12/2023 | $3 M raised | 120 new afforable homes added |
| By 12/2024 | $4 M raised | 160 new afforable homes added |
| By 12/2025 | $5 M raised | 200 new afforable homes added |
