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More than $1 million in grants is earmarked to fund projects that bolster vibrant, healthy neighborhoods and prosperity.

PMG FILE PHOTO: JULES ROGERS - Kimberly Branam is the executive director of Prosper Portland.Prosper Portland is seeking project proposals to be recipients of its fiscal year 2022-23 community livability grants.

Applications are scheduled to open March 14 to community-based organizations with projects that foster healthy, vibrant neighborhoods and bolster the prosperity of neighborhood businesses and residents.

Prosper Portland is targeting projects that propose permanent and real property improvements, by adding, expanding or improving physical space. These types of projects would support wealth creation opportunities for small business owners, improve access to workforce development services and jobs, honor and enhance neighborhood history, diversity and culture, and deliver a community asset tailored to the neighborhood's priorities.

"Our assistance to community-serving projects is more critical than ever in the face of the challenges presented over the past two years," said Kimberly Branam, executive director of Prosper Portland. "We're committed to helping community organizations fulfill the aspirations of their neighborhoods and better serve diverse populations throughout the city."

Eligible neighborhoods for the grants are in tax increment finance districts. There is $125,000 in grant money available for projects in the Central Eastside; $200,000 in the Gateway Regional Center; $270,000 in the Interstate Corridor; $200,000 in Lents Town Center; and $300,000 in Old Town. Typically, grants awarded range from $10,000-$50,000, according to Prosper Portland. The max grant is $300,000, and they are awarded through a competitive process.

Prosper Portland is offering one-on-one assistance for applicants who ask for help in the application process.

The grant applications open March 14, and close April 29. The scheduled date for the announcement of approved proposals is scheduled for June 2022, according to Prosper Portland.

Local Small Business Repair Grants

If your local small business impacted by the pandemic, your business could be eligible for one-time emergency funds allocated by the City Council. If your business has sustained physical damage such as broken windows or doors, sign damage, or graffiti since March 8, 2020, grants up to $10,000 could be available to your business.

Although demand for assistance is high, all licensed local small businesses are invited to apply and get on the waitlist for immediate repair needs. Call 503-823-3285 to learn more, or visit Prosper Portland online.

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