Portland’s Housing Bond is a voter-backed initiative to create more affordable housing in Portland—now and for the future. With leadership from the Portland Housing Bureau, City officials and community partners, together we’re creating safe and secure homes for Portlanders struggling to afford a place to live.
Benefits to our community
Affordable homes to be created
1,300+
Funds to be invested
$258.4 million
Homes for families COMPLETED OR IN PROGRESS
836
Homes completed or in progress
1,859
Investment types
To create new affordable homes, the Portland Housing Bureau and community partners are implementing two key approaches.
Build new housing
Build new, high-quality multi-family rental housing in neighborhoods with good access to public transit and other key amenities.
Acquire and improve existing housing
Purchase existing buildings and convert them into permanently affordable rental housing, renovating them as needed to ensure attractive, safe and high-quality homes designed to last.
Featured news
October 2023 Newsletter
Only one remaining Bond project waiting to begin construction
2022 Progress Report
This report details a landmark year for the Bond, with all funds allocated and five grand openings.
Upcoming Meetings
Future BOC meetings will meet annually.
Next date TBD.
Location: Zoom/PHB