Walnut Park Apartments Wins 2013 MetLife Foundation Award

On August 28, 2013, MetLife Foundation and Enterprise Community Partners, Inc. named REACH Community Development a recipient of the 2013 MetLife Foundation Award for Excellence in Housing, lauding the nonprofit’s Walnut Park Apartments. The Portland based CDC was acknowledged for incorporating Best Practices in Health Care, Supportive Services and Green Building in the acquisition and renovation of the Walnut Park Apartments.

This year’s MetLife Foundation Award focused on connecting senior housing to health care programs, supportive services and green building standards. Four winners were selected in the national competition, with each receiving a $50,000 unrestricted grant to sustain and to expand its work in senior housing.

“Walnut Park is a perfect example of how community partners came together to save existing affordable housing and create a sustainable asset for the neighborhood,” said Dan Valliere, CEO, REACH CDC.

In 2009 REACH acquired Walnut Park Apartments with financing provided by NOAH’s Oregon Housing Acquisition Fund. Read more about the Walnut Park and about the Metlife Foundation Award here.

— Posted on 9/03/2013