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Shelter Closes Amid Legal Storm | Portland News

A major homeless shelter in Portland’s Pearl District is shutting down exactly one year after opening — amid a brewing financial crisis and legal battles. The building, leased by the city to house 200 people, faces foreclosure as Northwest Bank sues over a $7.2 million debt. Neighbors and local businesses have long voiced concerns about the area’s decline, pushing for the closure. Meanwhile, residents of a nearby apartment complex are suing the city and shelter operator, alleging increased crime and drug activity near their homes. The mayor says the foreclosure won’t affect the planned…

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