Another Black Wall Street: The 1803 Fund Wants To Invest Over $1 Billion To Revive A Black Portland Community

Essence Magazine:

By Rayna Reid Rayford ·Updated August 22, 2023

Albina is a neighborhood in North Portland, Oregon that was once home to a flourishing Black community. A new organization, the 1803 Fund, and their inaugural project, Rebuild Albina, is aiming to ensure that the Black town thrives again.  

Earlier this year, Nike founder Phil Knight pledged a $400 million investment in the “Albina neighborhood, specifically to help Black Portlanders.” This gift

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