The Portland-based foundation invested (paywall) $3.75 million in housing lender Network for Oregon Affordable Housing, small business lender Micro Enterprise Service of Oregon, and local lending agency Community LendingWorks.
Oregon Community Foundation, with a $1.7 billion endowment, is comprised of seven philanthropies that support Oregon social organizations.
The foundation has raised $20 million for its Oregon Impact Fund since launching last year. The fund supports job creation, affordable housing and delivery of basic services in underserved communities.
It makes investments of $500,000 to $2 million.