Woody Guthrie Place is a mixed-income project developed by Rose CDC at 5728 SE 91st Street in the Lents Town Center. The elevator-serviced, 4-story building is approximately 64,000 square feet and includes a mix of one, two, and three-bedroom flats and townhomes. Sixteen (16) units are targeted to very low-income families with incomes at or below 30% AMI, with rents for 15 of the units supported by Project-Based Section 8 vouchers. The affordable units include four 1-bedroom units, seven 2-bedroom units, and five 3-bedroom units to serve a range of family sizes. The remaining 48 units are workforce housing funded by Prosper Portland and restricted to residents with incomes up to 80% and 100% AMI, and one unrestricted manager’s unit.
The Woodie Guthrie meets LEED Gold standards with features that include a large rooftop solar array and electric vehicle charging stations. Property amenities include a community room on the ground floor with a kitchenette, a fourth-floor lounge with a deck, common laundry facilities, secure bicycle storage, a children’s play area, 28 parking spaces, and onsite property management. The site is in walking distance of the large Lents Park, MAX Green Line station, I-205 Multi-Use Path, and weekly Lents International Farmers Market. Other nearby amenities include the EastPort Plaza Shopping Center and the #10, #14 and #73 TriMet bus lines.
This project was awarded funds through Prosper Portland’s Lents solicitation. PHB and Prosper Portland’s funding leveraged almost $8 million of FHA insured loans and other grants from Metro and PGE.
For questions about unit availability and leasing:
Building Profile
Project Type | New Construction |
---|---|
Location | Lents |
Regulated Units | 64 |
PSH Units | - |
Total Units | 64 |
Status | Open |
Bedroom Size | Units |
---|---|
Studio | - |
1-Bedroom | 39 |
2-Bedroom | 16 |
3-Bedroom | 9 |
Affordability | Units |
---|---|
30% AMI | 16 |
40% AMI | - |
50% AMI | - |
60% AMI | - |
80% AMI | 21 |
100% AMI | 26 |
Manager's unit | 1 |
AMI = Area Median Income
Estimated Development Cost
Total | $17,384,434 |
---|---|
Portland Housing Bureau | $2,816,320 |
Development Team
- Rose CDC, Sponsor / Developer
- Carelton Hart Architects, Architect
- Walsh Construction Company, General Contractor
- Cascade Management Inc, Consultant