73Foster is a new construction project with 64 affordable units, including 29 family-sized units and 22 units of Permanent Supportive Housing (PSH) for those exiting homelessness. The project is located on the SE Foster corridor, connecting diverse neighborhoods and centers of cultural commerce, in a neighborhood with residents earning an average yearly income of just over $24,400 per household, and a current population that is 50% BIPOC.
With access to the 14 TriMet bus, culturally diverse retailers and groceries, parks, Mt. Scott Community Center, schools within walking distance, jobs, healthcare, and social services, 73Foster provides equitable access to these resources. When it reopens, the adjacent Hacienda CDC Portland Mercado will expand the community benefits with access to job training and workforce development, a commissary kitchen, Latine grocer, and diverse food carts. 73Foster is well connected to the Jade District along 82nd Avenue for cultural ties to the Asian-American and Pacific Islander communities, with significant future investment.
REACH CDC will use Portland Clean Energy Community Benefits Fund (PCEF) dollars to install mini-split air conditioning, a highly efficient ventilation system with heat recovery and a photovoltaic solar array that will provide comfort and indoor air quality and help mitigate utility costs incurred by tenants. The project includes 10 ADA accessible units. The building is designed for secure waiting areas in the lobby and double-entrance vestibule for transit-dependent riders or those waiting for a pickup. A loading space along SE Foster will make mobility easier for disabled residents, and a marked crosswalk with a concrete center island provides enhanced access for all. 73Foster also used the Kelsey Design Standards for universal design and will be seeking the Kelsey Certification for enhanced accessibility and mobility.
Building Profile
| Project Type | New Construction |
|---|---|
| Neighborhood | Foster-Powell |
| Address | 7330 SE Foster Rd |
| Council District | District 3 |
| Regulated Units | 64 |
| PSH Units | 22 |
| Total Units | 64 |
| Status | In Construction |
| Bedroom Size | Units |
|---|---|
| Studio | 17 |
| 1-Bedroom | 18 |
| 2-Bedroom | 14 |
| 3-Bedroom | 15 |
| Affordability | Units |
|---|---|
| 30% AMI | 22 |
| 40% AMI | - |
| 50% AMI | - |
| 60% AMI | 42 |
| 80% AMI | - |
| Unrestricted | - |
AMI = Area Median Income
Estimated Development Cost
| Total | $32,907,323 |
|---|---|
| Portland Housing Bureau | $4,164,807 |
Development Team
- REACH CDC, Sponsor / Developer
- Community Vision, Service Partner
- Holst, Architect
- Walsh Construction Co., General Contractor
