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The Jade Apartments will bring 40 new affordable housing units to the Powellhurst-Gilbert neighborhood, between 82nd Ave. and I-205. Co-developed by APANO and Gorman & Company, the Jade will be located in the heart of the Jade District, a major Asian-American business and cultural center, and in the vicinity of frequent high-capacity transit, schools, shopping, and various other amenities. PHB awarded Metro Affordable Housing Bond funds, along with a Portland Clean Energy Community Benefits Fund (PCEF) grant and Multnomah County general funds (allocated to PHB).
26 units will have two or three bedrooms to accommodate larger households, and five units will be regulated at 30% AMI for extremely low-income households. Project amenities include two courtyards, a community garden, a play area, a community room and kitchen, as well as management and resident services offices, and 31 parking spaces. Outreach will target Asian and Pacific Islander households. APANO, whose main offices are located nearby, will provide culturally-specific services for residents.
The development team plans to include a solar array, net-zero ready designation, green building materials, 50-year roofs, and a high-efficiency HVAC system as part of the project's commitment to sustainability.
Building Profile
| Project Type | New Construction |
|---|---|
| Neighborhood | Powellhurst-Gilbert |
| Address | 2909 SE 89th Ave |
| Council District | District 1 |
| Regulated Units | 40 |
| PSH Units | - |
| Total Units | 40 |
| Status | Under Construction |
| Bedroom Size | Units |
|---|---|
| Studio | - |
| 1-Bedroom | 14 |
| 2-Bedroom | 11 |
| 3-Bedroom | 15 |
| Affordability | Units |
|---|---|
| 30% AMI | 5 |
| 40% AMI | - |
| 50% AMI | - |
| 60% AMI | 35 |
| Unrestricted | - |
AMI = Area Median Income
Estimated Development Cost
| Total | $23,420,450 |
|---|---|
| Portland Housing Bureau | $6,359,682 |
Development Team
- Gorman & Company, Sponsor/Developer, General Contractor
- APANO, Sponsor/Developer, Service Partner
- SERA Architects, Architect
- GSI Builders, General Contractor
