M. Carter Commons is a new affordable apartment development for North Interstate Avenue and Overlook Park, proposed by co-owners and developers Urban League of Portland and Northwest Housing Alternatives. The project is envisioned to have 62 affordable and accessible apartment homes for residents 55 years and older, as well as one unrestricted on-site manager's unit. A community room, property management and resident services offices, laundry, and a protected courtyard will all be accessible to the residents. The developer team will utilize the N/NE Preference Policy list, prioritizing applicants who have been impacted by urban renewal in North and Northeast Portland. Urban League of Portland will lead outreach, as well as culturally-specific and responsive services in collaboration with NHA’s resident services.
The project, located on land donated by Kaiser Permanente, will be named M. Carter Commons after Margaret Louise Carter, Oregon’s first Black woman legislator. The project is directly adjacent to a light rail stop with frequent access to local services, activities, and regional mass transit connections. The site is across the street from a Kaiser Permanente medical campus and within one block of the historically Black Albina District neighborhoods. The project is ideally located for affordable senior housing and focused on serving Communities of Color. Funding sources for M. Carter Commons include Metro Bond funds, Interstate Corridor Tax Increment Financing, and project-based vouchers from Home Forward.
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Building Profile
Project Type | New Construction |
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Location | Overlook |
Regulated Units | 62 |
PSH Units | - |
Total Units | 63 |
Status | Pre-Development |
Bedroom Size | Units |
---|---|
Studio | 6 |
1-Bedroom | 56 |
2-Bedroom | - |
3-Bedroom | - |
Affordability | Units |
---|---|
30% AMI | 21 |
40% AMI | - |
50% AMI | - |
60% AMI | 41 |
80% AMI | - |
Unrestricted | 1 manager's unit |
AMI = Area Median Income
Estimated Development Cost
Total | $27,325,557 |
---|---|
Portland Housing Bureau | $9,300,000 |
Development Team
- Northwest Housing Alternatives and Urban League, Sponsor / Developer
- Salazar Architect, Architect
- O’Neill Walsh Community Builders, General Contractor
- Urban League of Portland, Service Partner