News and notices

The N/NE Neighborhood Housing Strategy has opened 723 affordable rental units and 42 affordable homeownership units, created 134 new homeowners, and provided over 1,400 home repair grants and loans to help prevent displacement. The Strategy is a PHB initiative to address a legacy of displacement.

75 new affordable homes are now available at the Strong Building, developed by Community Development Partners (CDP) and Self Enhancement Inc. (SEI) on property sold to PHB by the Strong Family, and prioritizing those on the N/NE Preference Policy waitlist.

The 20 townhomes at the Williams & Russell Project have broken. These 2- and 3-bedroom units will be sold to low-income homeowners via PHB's N/NE Preference Policy, and PHB will offer down-payment assistance loans to first-time homebuyers.

PHB Equity & Business Operations Manager Leslie Goodlow received a Lifetime Achievement Award from the annual "Keep Alive the Dream" Martin Luther King, Jr. Day tribute.

The Alberta Alive Condominiums can now begin construction! This project will bring eight new affordable townhomes to the Humboldt neighborhood, which will be sold to low-income homebuyers with historic ties to N/NE Portland via PHB's Preference Policy.

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.

The 75-home complex will give preference to applicants with historical ties to North and Northeast Portland and who have been involuntarily displaced or are at risk of displacement.

On May 31, the N/NE Oversight Committee presented their 2022 Annual Report to Portland City Council. Among its many highlights, the presentation illustrates that place matters, and matters greatly.

Portland will exceed its goal for Metro’s Affordable Housing Bond with four new projects focused on rental and homeownership opportunities.