Portland's Red & Black Cafe poised to BUY building, help develop affordable housing
28 Jan 2011 01:19 GMT
Workers at the Red & Black Cafe are teaming up with a newly forming low-income housing non-profit to own the cafe's current building at 400 SE 12th St in Portland. A fundraising drive was launched at the beginning of this month to raise the $50 thousand dollar down payment. Loans and donations to the project bring the current total raised to over $43,000! We have until the end of January to raise the money to make this project successful. The plan for the building is that the main floor will remain the Red & Black Cafe. The upstairs, which is currently offices, will become income restricted affordable housing.
With ownership comes the security of knowing that space costs can't be pushed out of reach by a future landlord. This is especially reassuring news for the Red & Black Cafe which faced this very issue when it was forced from its original location. This is also important due to the Red & Black's controversial reputation — owning the building ensures that there will be no future landlord who is tempted to not renew the lease.
read more: http://portland.indymedia.org/en/2011/01/405592.shtml