News and notices
Displaying 1 - 10 of 41 related news.
Albina One Opens Its Doors
Albina Vision Trust have completed their first affordable housing development. Albina One brings 94 units to the Eliot neighborhood, including 32 deeply affordable units for extremely low income households. This project was funded by the Metro Housing Bond.
Blog post

2024 State of Housing in Portland Report Shows Housing Costs Continuing to Outpace Incomes
The 10th annual report from the Portland Housing Bureau and Mayor Keith Wilson breaks down housing, affordability, and more, now organized by Council District
Press release

73Foster Reaches Financial Closing
REACH CDC have closed financing on their 73Foster project, which will bring 64 units of affordable housing to Foster-Powell, including 22 units of Permanent Supportive Housing. It is expected to open in late 2026.
Blog post

City of Portland Invests $26M to Acquire, Convert Three Apartment Buildings to Affordable Housing
The three buildings total 226 units; Metro Housing Bond funds were used for one acquisition, TIF dollars for two.
Press release

Aldea at Glisan Landing Is Now Open
Related Northwest and IRCO have completed construction at Aldea at Glisan Landing, the ninth Metro Housing Bond project to open in Portland. Aldea contains 96 affordable homes, with 81 sized for families and 15 regulated for deep affordability.
Blog post

Portland Housing Bureau Celebrates 10 Years of N/NE Neighborhood Housing Strategy
The strategy has invested $135 million to produce nearly 1000 affordable homes for rent and purchase, as well as home repair and first-time homebuyer services, in historically Black neighborhoods of Portland.
Press release

Williams & Russell Hosts Groundbreaking Ceremony
Adre and PCRI break ground on the Williams & Russell project, which is bringing new life to a long-vacant parcel that was once the Hill Block, the commercial center of Portland's Black community in the Albina neighborhood, including 85 affordable rentals and 20 affordable townhomes.
Blog post

M. Carter Commons Begins Construction
Northwest Housing Alternatives and the Urban League of Portland to bring 62 affordable homes for seniors to the Overlook neighborhood.
Blog post

Cesar Apartments Acquired for Permanent Supportive Housing
With PHB funding support, Home Forward has acquired the recently-constructed Cesar Apartments, a 47-unit building in Richmond, to convert into Permanent Supportive Housing (PSH) for those exiting chronic homelessness. This strategy allows for new PSH to come online faster than new construction.
Blog post

The Jade to Break Ground
APANO and Gorman & Co. are bringing 40 new affordable homes to Powellhurst-Gilbert, in the heart of the Jade District. 26 units will have 2-3 bedrooms for larger families, and the project will include a community garden, play area, and more amenities.
Blog post

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