Oak Leaf Mobile Home Park

Rental
Open
St. Vincent de Paul has purchased the Oak Leaf Mobile Home Park to preserve 22 affordable homes in Cully.
street view
Spring 2019

St. Vincent de Paul and non-profit coalition Living Cully, in partnership with the City of Portland, have completed the acquisition and rehabilitation of Oak Leaf Mobile Home Park, located in Northeast Portland’s Cully neighborhood. This project was financed by the Housing Bureau at the request of City Council after Oak Leaf residents discovered that the owner was selling the park in 2016. The Oak Leaf originally contained 34 total spaces, of which 27 were occupied at the time of an initial census. Due to safety and zoning, the site only allowed for 22 units following park improvements.

The Oak Leaf project was completed in two phases: first, acquisition of the park to preserve its affordability, followed by rehabilitation to improve onsite environmental conditions, complete major infrastructure requirements including electrical and sewer work, and remediate traffic flow inside the park. St. Vincent de Paul will serve as the long-term owner and operator of this low-income rental community.

The City’s funding leverages approximately $2 million of other public and private financing from Oregon Housing and Community Services, Oregon Community Foundation, Multnomah County, Bank of America, Energy Trust of Oregon, and NOAH. The Oak Leaf is the first mobile home park in Portland to be owned by a non-profit organization for preservation as affordable housing.

Building Profile

Project TypeAcquisition/Rehabilitation
LocationCully
Regulated Units22
PSH Units-
Total Units22
StatusCompleted
Bedroom SizeUnits
Studio-
1-Bedroom-
2-Bedroom22
3-Bedroom-
AffordabilityUnits
30% AMI-
40% AMI-
50% AMI-
60% AMI22
80% AMI-

AMI = Area Median Income

Estimated Development Cost

Total$5,269,585
Portland Housing Bureau$3,213,319

Development Team

  • St Vincent de Paul, Sponsor / Developer
  • Bergsund, DeLaney Architecture and Planning, Architect
  • Meili Construction, General Contractor