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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
Notice of Action Plan FY 2025-2026 Public Comment Period
Comment period opens July 3, 2025. The public is invited to provide written comments on the draft Action Plan. Please submit by August 1, 2025.
Public notice
PHB and N/NE Oversight Committee Present 2024 Annual Report to Housing & Homelessness Committee
The N/NE Neighborhood Housing Strategy has opened 563 affordable rental units and 78 affordable homeownership units, created 127 new homeowners, and provided nearly 1,300 home repair grants and loans to help prevent displacement. The Strategy is a PHB initiative to address a legacy of displacement.
News article
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
Application window extended! Apply now for the East Portland TIF District Community Leadership Committee
Seeking applicants for three designated East Portland Community Leadership Committees. Share your voice and expertise that will advise City government and lead the development of the first 5-Year Action Plan for each the three East Portland Tax Increment Financing Districts. Follow link to apply.
News article
Reflection from the City's Partners in Home Repair Event
Staff from across the City of Portland and community partners came together for the ‘Partners in Home Repair’ event, which offered an opportunity to share resources and knowledge, and to make new connections.
Blog post
Intent to Request Release of Funds: Villa de Clara Vista
The Portland Housing Bureau intends to submit a Request for Release of Funds and Environmental Certification to HUD. Individuals, groups, or agencies may submit written comments on the Environmental Review Record by Tuesday, May 27, 2025.
Public notice
Intent to Request Release of Funds: Paramount Apartments Acquisition
The Portland Housing Bureau intends to submit a Request for Release of Funds to HUD. Individual, group, or agency disagreeing with this determination or wishing to comment on the project may submit written comments by May 14, 2025.
Public notice
Mayor Wilson Proclaims April 2025 Fair Housing Month
This annual proclamation renews Portland’s commitment to the Fair Housing Act of 1968, which was adopted to prohibit discriminatory housing practices, undo racial segregation practices, and provide equal access to housing opportunity for all.
Press release
Jamii Court Public Notice
The Portland Housing Bureau intends to authorize Home Forward to submit a request to HUD/Portland, Oregon for the release of Housing Choice vouchers and HOME funding to undertake a project known as Jamii Court for the purpose of new construction of affordable housing.
Public notice
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
Winter 2025 N/NE Neighborhood Housing Strategy Newsletter
Updates from the N/NE Neighborhood Housing Strategy.
Newsletter
Peaceful Villa Redevelopment Reaches Financial Closing
Our partners at Home Forward closed financing on their redevelopment of the Peaceful Villa Apartments, and can now begin construction on 166 affordable homes. PHB awarded Portland Clean Energy Community Benefit Funds (PCEF) to help this project meet sustainability goals.
Blog post
Portland Housing Bureau and Vital Housing Team to Preserve and Extend Affordability at Belmont Dairy Apartments and Lofts for 99-Year Term
Portland Housing Bureau contributes a $6 million loan to the project, securing permanent affordability for 67 units in the historic, mixed-use building. Additional funding will contribute to major energy efficiency gains in the project.
Press release
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
Portland's Housing Bond January 2025 Newsletter
The January 2025 edition of our Portland's Housing Bond Newsletter. A letter from Director Hisserich - Bond Highlights of 2024 - Charting Bond progress
Newsletter
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