Prosper Portland

Economic development corporation in Oregon, US From Wikipedia, the free encyclopedia

Prosper Portland, formerly the Portland Development Commission (PDC), is the community development corporation created by the city of Portland, Oregon. It promotes development, housing projects and economic development within the city's eleven urban renewal districts.

Quick Facts Agency overview, Jurisdiction ...
Prosper Portland
Agency overview
JurisdictionPortland, Oregon
Agency executives
  • Donnie Oliveira, Deputy City Administrator for Community and Economic Development [1]
  • Shea Flaherty Betin, Interim Director[2]
Parent Service AreaCommunity & Economic Development[3]
Websitehttps://prosperportland.us/
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As of 2025, Prosper Portland is overseen by the city’s Community & Economic Development service area, led by Deputy City Administrator for Community and Economic Development Donnie Oliveira.[4][5]

In February 2025, Prosper Portland issued a loan that did not meet its own risk guidelines to a startup athletic wear company called Made in Old Town. Applications by Made in Old Town for additional funding were denied by Oregon regional government Portland Metro and the Clean Energy Fund.[6]

History

In May 2017, the Portland City Council voted to change PDC's name to Prosper Portland.[7]

It has controversially sought to establish measurable standards for workplace diversity among its contractors.[8]

References

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