Alder 9

Rental
In Planning
Related Northwest and Centro Cultural are partnering to develop 159 units of affordable housing in Portland’s Central Eastside serving families and seniors exiting homelessness.
rendering

Winter 2024

Related Northwest and Centro Cultural are partnering to develop 159 units of new construction affordable housing located in the Buckman neighborhood of Portland’s Central Eastside.  Targeting seniors, multigenerational and BIPOC households who are disproportionally impacted by homelessness, this project offers a mix of unit types, including studio, one-, two- and three-bedroom apartments. Fifty-three units will serve households earning 30% AMI or below, including 25 integrated permanent supportive housing units, and 42 family-sized units. The project will further support BIPOC communities through a new General Contractor joint venture, Sapling LLC, which seeks to elevate the capacity of a local, women and minority led general contracting firm. 

Planned amenities at Alder 9 include a senior wellness center, arts space, outdoor courtyard, community garden and rooftop terrace. Centro Cultural will also operate an Employment and Economic Mobility Hub on the ground floor that will provide culturally and linguistically relevant services. The site is well supported by grocery stores, pharmacies, health clinics, parks and several recreational amenities including the Eastbank Esplanade, Buckman Field Park and two community gardens. Alder 9 is also within 0.1 miles of three bus stops and the B Loop Streetcar.

Image credit: TVA Architects

Developer website

Building Profile

Project TypeNew Construction
LocationBuckman
Regulated Units159
PSH Units25
Total Units159
StatusPre-development
Bedroom SizeUnits
Studio57
1-Bedroom60
2-Bedroom36
3-Bedroom6
AffordabilityUnits
30% AMI53
40% AMI-
50% AMI-
60% AMI106
80% AMI-

AMI = Area Median Income

Estimated Development Cost

Total$73,379,000
Portland Housing Bureau$23,850,000

Development Team

  • Related Northwest, Sponsor
  • Centro Cultural, Sponsor / Service Provider
  • TVA Architects, Architect
  • Sapling LLC, General Contractor
  • Impact NW, Service Provider
  • EngAGE Northwest, Service Provider

Contact

Jill Chen

Housing Investments and Portfolio Preservation Manager
phone number503-823-2375For email inquiries, please include the name of the project in the subject line to promote an efficient response.

Neighborhood

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