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3000 Powell

Construction type
Housing
Project status
In planning

3000 Powell, a new multifamily construction project from Home Forward, will create 206 affordable rental units in Creston-Kenilworth.

Fall 2022

New affordable housing is coming to Southeast Portland thanks to Portland’s Housing Bond. Home Forward is developing the 3000 Powell project on the site of the former Safari Club in the Creston-Kenilworth neighborhood—where residents are at risk from rising rents—and will provide a mix of studios and larger units for Portland individuals and families in need of stable housing. The location is a short walk from Powell Park and provides easy access to the frequent-service bus line along Powell Boulevard. Since securing Portland Bond funds in 2018, Home Forward was able to acquire an adjacent parcel of land, expanding the project by 1.3 acres and increasing the total units to 206.

Building Profile

Project TypeNew Construction
LocationCreston-Kenilworth
Regulated Units206
Total Units206
StatusPre-Development
Bedroom SizeUnits
Studio123
1-Bedroom18
2-Bedroom59
3-Bedroom6
AffordabilityUnits
30% AMI68
40% AMI-
50% AMI-
60% AMI138
80% AMI-
Unrestricted-

AMI = Area Median Income

Estimated Development Cost

Total$68,160,000
Portland Housing Bureau$33,705,000

Development Team

  • Home Forward, Sponsor
  • Holst Architects, Architect
  • Colas Construction, General Contractor

Contact

Jill Chen

Housing Investments and Portfolio Preservation Manager

phone number503-823-2375

For email inquiries, please include the name of the project in the subject line to promote an efficient response.

Neighborhood