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Displaying 1 - 10 of 10 related news.
Subject to the N/NE Preference Policy, M Carter Commons brings 62 new affordable homes to Overlook, directly adjacent to Kaiser Permanente and Overlook Park. Made up of studios and 1-bedrooms, M Carter Commons is ideally suited for low-income seniors.
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PHB deployed funds from voter-approved sources including the Portland Housing Bond, the Metro Housing Bond, the Portland Clean Energy Community Benefits Fund (PCEF), as well as Tax Increment Financing (TIF) districts.
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Developed by Innovative Housing, Inc., this project brings 149 new affordable homes to Hillsdale. 103 units will have 2-4 bedrooms for larger families, 30 of which will includes Project Based Vouchers for deep affordability.
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CPAH have closed financing on Jamii Court, which will bring 96 units of affordable housing to West Portland Park, including 15 units of Permanent Supportive Housing with supportive services from the Urban League and HAKI. It is expected to open in fall 2027.
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Kafoury Court has opened, bringing 40 units of Permanent Supportive Housing to Northeast Portland.
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The Julia West House has opened, bringing 89 affordable homes for seniors exiting homelessness to Downtown Portland.
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Alder 9, the 14th of 15 Portland Housing Bond projects, has opened its doors. This community from Related Northwest and Centro Cultural de Washington County brings 159 new affordable homes to the Buckman neighborhood.
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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.
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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.
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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.
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