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Label:
Rental
Label:
Open
Home Forward has deployed Metro Housing Bond funds to acquire this 47-unit building to convert into Permanent Supportive Housing for those exiting homelessness.
January 2026
The Cesar Apartments were acquired by Home Forward in December 2024 as part of an innovative strategy to bring new affordable housing online more quickly and cost-effectively than new construction by taking advantage of favorable market conditions. This 47-unit development was built in 2022 with a modern design, in an amenity-rich location near the intersection of SE Hawthorne Ave and SE Cesar E. Chavez Blvd. Converting the project to Permanent Supportive Housing (PSH) required minimal changes to the structure and layout, and PSH residents exiting homelessness started moving in in January 2026.
The Cesar Apartments includes a mix of studios, 1-, and 2-bedrooms, all of which include deeply subsidized rents and wrap-around supportive services. Residents are served by the frequent 14 and 75 bus lines steps from their front doors, and Fred Meyer is just across the street, with Laurelhurst Park and Sewallcrest Park within half a mile.
PHB supported the acquisition of the Cesar Apartments with a mix of Metro Affordable Housing Bond funds designated for PSH pilot projects, and funds passed through from Multnomah County. The project is also supported by Regional Long Term Rent Assistance and Metro Supportive Housing Services funds from the Multnomah County Homeless Services Department (HSD).
Building Profile
| Project Type | Acquisition |
|---|---|
| Neighborhood | Richmond |
| Address | 1610 SE Cesar E Chavez Blvd |
| Council District | District 3 |
| Regulated Units | 47 |
| PSH Units | 47 |
| Total Units | 47 |
| Status | Open |
| Bedroom Size | Units |
|---|---|
| Studio | 28 |
| 1-Bedroom | 15 |
| 2-Bedroom | 4 |
| 3-Bedroom | - |
| Affordability | Units |
|---|---|
| 30% AMI | 47 |
| 40% AMI | - |
| 50% AMI | - |
| 60% AMI | - |
| 80% AMI | - |
| Unrestricted | - |
AMI = Area Median Income
Estimated Development Cost
| Total Development Cost (Acquisition, Minor Renovations, and Soft Costs) | $15,276,284 |
|---|---|
| Purchase Price (Included in Total) | $12,580,000 |
| Portland Housing Bureau | $8,997,090 |
Development Team
- Home Forward, Sponsor/Developer