Metro Housing Bond

In 2018, voters approved a $652.8 million affordable housing bond measure to create permanently affordable homes across Washington, Clackamas, and Multnomah counties. Metro is working with local partners and communities to bring affordable homes to 12,000 people: seniors, families and veterans.

Metro Bond Portland Progress Map

Map of Portland showing the locations and statuses of all 21 Metro Housing Bond projects in Portland. Includes sidebar with metrics.

 Findley Commons: Veteran-Specific Permanent Supportive Housing

A video about Findley Commons, a Metro Housing Bond-funded project providing 35 units of Permanent Supportive Housing for Veterans in Southeast Portland.

Metro Bond Opportunity Solicitation

Broadway Corridor RFQ - Coming end of 2023!
View more details

M-BOS Last Gap - Application Closed
Proposals are currently under review. Notice of Awards anticipated to be announced October 24.
View M-BOS Last Gap solicitation

To receive updates and information on PHB funding, sign up here.

Broadway Corridor Request for Qualifications 
To be released by end of 2023

By end of 2023, PHB will release a Request for Qualifications for a half block of affordable housing development in the Broadway Corridor. The Broadway Corridor is a multi-phased Master Plan to redevelop approximately 34 acres in Portland’s Central City, including the former U.S. Postal Service site and adjacent properties near Union Station. The goal of this RFQ is to identify qualified development teams who are looking to develop half of Block 4, the first phase of PHB’s affordable housing development goals for the Broadway Corridor. After the initial RFQ release at the end of 2023, a full solicitation release will follow in Spring 2024.

For more details about current work at Broadway Corridor, the Mast Plan, and other helpful information, please see Prosper Portland's website.

For more information, please contact:
Megan Grillo 
RFQ Coordinator, PHB

To receive future notices regarding this RFQ and future funding opportunities through PHB, sign up here.

Portland's Local Implementation Strategy

The Portland Housing Bureau is the partner jurisdiction supporting Metro Housing Bond implementation for the City of Portland. Portland’s Local Implementation Strategy was informed by the feedback and perspectives of underrepresented communities, particularly Communities of Color, seniors, immigrants, refugees and persons living with disabilities. Engagement efforts occurred over a four-month period (March to July 2019) and reached more than 250 individuals and community member groups.

Total Project Funds Allocated to Portland: $211 Million

Total Production Goal: 1,475 units

  • 30% AMI:  605 units
  • Family-sized:  737 units
  • Supportive Housing: 300 units

PHB’s work will be guided by the following Metro Housing Bond principles:

  1. Lead with racial equity. Ensure that racial equity considerations guide and are integrated throughout all aspects of program implementation.
  2. Create opportunity for those in need. Create housing for Communities of Color, families, people living with disabilities, seniors, Veterans, and households experiencing or at risk of homelessness.
  3. Create opportunity throughout the region. Ensure investments are distributed across the region.
  4. Ensure long-term benefits and good use of public dollars. Provide for community oversight to ensure transparency.

View the full implementation strategy

Progress on Implementation

Additional Information


Megan Grillo

Bond Housing Program Coordinator

Past Events

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