Mission: Rooted in its service to farmworkers, casa of oregon improves the lives of oregonians in underserved communities through building affordable housing, neighborhood facilities and programs that increase families' financial security.
Programs: Family economic opportunityat the core of casa's family economic opportunity program (feop) are the notions of financial security, asset building, and consumer education. Casa acts as the fiduciary organization and program administrator for two community-based individual development account (ida) initiatives, valley individual development account (vida) and matched college savings program (mcsp). In this role, casa directs program operations including: providing training and technical assistance to member organizations; data collection; fund development and management; and distribution of ida funds on behalf of 52 organizations and educational institutions that comprise vida and mcsp. The vida program is a collaborative of nonprofit organizations and housing authorities that bring a wide array of experience as follows: housing development, social support services, business development assistance, and workforce development. Vida membership has grown from 9 organizations in 2001 to 46 organizations in 2016. The mcsp collaborative currently consists of 6 high schools and 2 community colleges. The 8 schools accessing mcsp focus on creating access to postsecondary education for underrepresented students, such as students of color, first-generation students, and non-native english speakers. Together, vida and mcsp serve 32 counties in oregon. Since 2001, more than $93 million has been leveraged in community investments (such as mortgage loans), 604 small businesses have commenced or expanded operations with the aid of vida, and $9. 9 million in ida funds have been invested in post-secondary education for low-income oregonians. In addition to vida and mcsp, the feop department earns fees for service management of a federal ida program on behalf of the oregon alliance of independent colleges and universities, which, were formerly mcsp partner schools. These schools leverage institution dollars for their own private ida program called e3: earn, educate, and empower.
housing and facilities developmentcasa was originally established to address the housing needs of farm workers throughout the state of oregon. Working primarily with local community organizations and housing sponsors, the housing and facilities development department develops housing, facilities, and programs that improve the lives of farm workers and other low income households in rural oregon. Development activities include new construction, rehabilitation, and preservation of subsidized and other properties. Casa provides a full scope of development service, including: identifying areas of need; identifying appropriate properties; assembling the development team (architect, contractor, surveyors, etc. ); preparing budgets and funding applications; processing draw requests; closing financing; overseeing marketing and lease up; and other services. Since 1989, casa has developed 51 projects with over 2,800 units, and nine community facilities, including health care clinics, head start facilities, and community centers. This department also provides technical assistance and training to many partners. Casa sponsors a farm worker housing conference to address the unique challenge of this type of housing. Casa's staff also provides technical assistance to community development corporations and housing authorities in the following areas: project development, budgeting, and marketing farm worker units.
manufactured housing cooperative developmentthe mhcd center facilitates the preservation of manufactured housing parks through the creation of resident-owned communities. Using a multi-faceted approach, casa's program focuses on policy issues, as well as on-the-ground technical assistance in order to make resident ownership a viable option. In may 2008, casa became one of nine certified technical assistance providers (ctaps) under the national roc usa network. As a member of the roc usa network, casa delivers pre and post-purchase technical assistance and helps manufactured homeowners secure the financing needed to buy their communities and shape their economic futures through resident ownership. Since 2008, casa has converted 9 manufactured housing parks (totaling 580 spaces) into resident-owned communities and regularly provides ongoing, post-purchase technical assistance and training to the cooperative board and co-op members. The aggregate ? As-improved" market value of these parks is estimated at $20. 98 million. Aggregate grant funds leveraged for acquisition is estimated at $7. 1 million. Casa continues to expand its mhcd program with the goal of converting at least two manufactured housing communities annually.
community development financial institution - as a community development financial institution (cdfi), casa provides affordable financing to non-profits, housing authorities, community organizations and manufactured housing cooperatives through its casa community loan fund (cclf). Casa received its cdfi certification and an initial investment of grant and loan funds from the u. S. Treasury in 2000. Since then, cclf has grown to over $8,000,000 and offers five loan products. Cclf products include low-interest predevelopment and construction loans for affordable housing and community facility development; bridge financing for manufactured home park acquisition; and permanent, secondary financing for the preservation of cooperatively-owned manufactured home communities. A pilot program is underway to lend funds to and/or provide loan guarantees for other cdfis in order to: (1) support financial programs approved by casa, and (2) support the purchase of manufactured homes in a cooperatively-owned park by individual borrowers. As of december 31, 2016, the total loan pool is $8. 4 million. The pool is made up of 46 percent in debt (equity equivalent and program related investments) and 54 percent in equity (comprised of foundation grants, government grants, and net assets). General development - the general development program is a cost center that is utilized for recording expenditures for projects for which casa does not have signed contracts. Expenditures included in this cost center are for project development and marketing for potential new multifamily apartment complexes, community facilities, manufactured home parks, and other affordable housing projects