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Broadway Corridor Affordable Housing

Rental
In Planning
Developed by Home Forward and the Urban League of Portland, the Broadway Corridor Affordable Housing development will be a 14-story mixed-used building with 230 affordable units ranging from studios to 3-bedrooms, and will be the first building to begin construction at Broadway Corridor.
Architect's rendering of the ground floor of the Broadway Corridor affordable housing development, showing a pink brick and glass apartment building, with gardens, trees, and a bike path in front.
Summer 2028

Home Forward and the Urban League of Portland have partnered to develop the first building to begin construction at the Broadway Corridor development site, which will replace the USPS site to create a new urban neighborhood in Northwest Portland's Pearl District. The Broadway Corridor Affordable Housing development on Parcel 4A will be a 14-story mixed-used building with 230 affordable units ranging from studios to 3-bedrooms. 62 of the units will be sized for families and larger households. 39 of those larger units will be regulated affordable at 30% Area Median Income (AMI) with rent assistance to serve extremely low-income residents, and 35 of them will include wrap-around Permanent Supportive Housing services. Another 11 studios and one-bedrooms will also be regulated at 30% AMI and include rent assistance.

On the ground floor, the Urban League will operate a 2,900 square foot affordable Early Learning Center, open to both building residents and the surrounding community, plus a 1,200 square foot Workforce Development Center activating the corner at NW Johnson St. & 9th Ave. The project will also include a 2,700 square foot community room overlooking a second-story roof deck, and property management and service offices on the ground floor. Outside, the developers plan to include a playground, courtyard, and community gardens. The development will prioritize sustainable design and construction practices, and will target an Earth Advantage Platinum rating.

The Broadway Corridor Affordable Housing development is located near high-performing neighborhood schools, groceries, services, medical facilities, and frequent transit. Once progress is made on the larger Broadway Corridor development, the affordable building will also be adjacent to the extended North Park Blocks, including a segment of the planned Green Loop bike/walk/roll path.

Community Vision will support engagement with the disability community during the design process to ensure ADA compliance and accessibility. Outreach and services will target BIPOC households, young families, and chronically homeless families, among other target populations. PHB is contributing up to $37.5 million in Metro Affordable Housing Bond dollars and $4.5 million in River District Tax Increment Financing (TIF) dollars to the project.

Building Profile

Project TypeNew Construction
LocationPearl District
Council DistrictDistrict 4
Regulated Units230
PSH Units35
Total Units230
StatusPre-Development
Bedroom SizeUnits
Studio77
1-Bedroom91
2-Bedroom49
3-Bedroom13
AffordabilityUnits
30% AMI50
40% AMI-
50% AMI-
60% AMI180
Unrestricted-

AMI = Area Median Income

Estimated Development Cost

Total$147,318,261
Portland Housing BureauUp to $42,000,000

Development Team

  • Home Forward, Sponsor/Developer
  • Urban League of Portland, Sponsor/Developer/Service Partner
  • Community Vision, Engagement Partner
  • Holst Architecture, Architect
  • Colas Construction, General Contractor
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