Gladstone Square and Multnomah Manor are two existing affordable housing projects owned by Home Forward that required extensive renovation. Both projects house a high number of large, low-income families and are in neighborhoods that are at risk of gentrification and displacement of low-income residents. Home Forward completed rehabilitation work to preserve the properties as safe, affordable, family-focused housing.
Gladstone Square is a garden style 48-unit wood frame development constructed in 1997. It is located at 12020 SE Gladstone in the Powellhurst-Gilbert neighborhood and features a mix of flats and townhome-style apartments, some with patios. The project has 24 units restricted at 60% AMI and 24 units at 30% AMI, including 12 three-bedroom units and 36 two-bedroom units. The property has a community room, laundry facilities, a playground, and parking, and is just over a half-mile from a hardware store and full-service grocery, among other retail and services.
Multnomah Manor is located at 9110 NE Hassalo St in the Montavilla Neighborhood and was constructed in 1969. The project has 53 one, two and three-bedroom apartments serving households earning up to 50% AMI. Amenities include laundry facilities, a playground, picnic area, and parking. The site provides access to nearby freeways and public transportation, including the MAX Light Rail and bus lines. Thirty households earning less than 30% AMI receive rent subsidy via project-based Section 8 vouchers.
For questions about unit availability and leasing:
Gladstone Square - Developer website
Multnomah Manor - Developer website
Building Profile
Project Type | Rehabilitation |
---|---|
Location | Powellhurst-Gilburt / Montavilla |
Regulated Units | 101 |
PSH Units | - |
Total Units | 102 |
Status | Open |
Bedroom Size | Units |
---|---|
Studio | - |
1-Bedroom | 24 |
2-Bedroom | 54 |
3-Bedroom | 23 |
Affordability | Units |
---|---|
30% AMI | 24 |
40% AMI | - |
50% AMI | 59 |
60% AMI | 18 |
80% AMI | - |
AMI = Area Median Income
Estimated Development Cost
Total | $18,184,937 |
---|---|
Portland Housing Bureau | $1,000,000 |
Development Team
- Home Forward, Sponsor
- MWA Architects, Architect
- LMC, General Contractor
Quantum Residential, Property Management