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Portland Housing Bureau to Preserve Nearly 500 Affordable Homes with $23M in Funding Awards

PHB is excited to announce the seven awardees of the Spring 2025 Preservation RFP and the preservation of 484 affordable units. Capital improvements will extend the useful lifetimes of these buildings, increase energy efficiency with PCEF dollars, and address livability and safety concerns.

July 15, 2025 10:30 am News article

A map of Portland showing the locations of the eight sites awarded via the 2025 Spring Preservation RFP.

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.

July 8, 2025 11:00 am Blog post

Architect's rendering of Albina One, a six-story blue and yellow apartment building with people spending time outside in the courtyard.

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

June 30, 2025 3:30 pm Press release

Colorful abstract art of people enjoying a vibrant housing community. Different housing types are shown, as well as green space and gardens. In the background is Mt Hood.

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.

June 25, 2025 5:00 pm 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.

June 24, 2025 4:05 pm News article