Seven new affordable housing projects endorsed by Metro join the pipeline
Correction: The sixth project on this list is Tistilal Village. An earlier version of the story misspelled the project name.
About 687 new units of affordable housing are soon to be added to Portland in the form of seven new project proposals in northeast and outer southeast neighborhoods.
On Nov. 16, full concept designs for the seven affordable housing projects were approved by Metro. Each full concept was endorsed by Metro, which means all are slated to receive funding from Metro's Regional Affordable Housing Bond. The $653 million bond was approved by metro voters during the November 2018 election.
A total of $88.6 million in capital funding was made available under the bond, and the affordable housing projects were vetted and recommended by the Portland Housing Bureau, which also issued the request for proposals for the projects earlier this year.
"We are proud to partner with Metro and the many community organizations that have come together to create these new family-focused, culturally specific affordable housing opportunities to help meet the diverse needs of Portlanders — especially our Black, Indigenous, and People of Color communities; immigrant and refugee populations; families with children; seniors; and our neighbors experiencing chronic homelessness," said Martha Calhoun, public information manager with the Portland Housing Bureau. "These projects will provide future residents with the supportive services and economic opportunities to help them find stability in their housing and thrive and prosper in the surrounding community."
Each build specifically targets helping a certain population, including demographics such as BIPOC households, seniors, veterans, people experiencing homelessness, intergenerational families, people with disabilities, people with substance use disorder, immigrant and refugee households, single fathers, and Native American families.
1. hollywoodHUB
Neighborhood: Hollywood
Developer/Sponsor: BRIDGE Housing
Builder: O'Neil/Walsh Community Builders
Designer: Holst Architecture
Units: 199
Metro Bond Funds: $28.4 million
Total Cost: $98.8 million
Target completion: Summer 2024
2. 74th & Glisan
Neighborhood: Montavilla
Developer/Sponsor: Related NW, IRCO, Catholic Charities
Builder: LMC construction & ALMART Contracting
Designer: Holst Architecture
Units: 137
Metro Bond Funds: $19.5 million
Total cost: $56.5 million
Target completion: Summer 2024
3. Albina One
Neighborhood: Eliot
Developer/Sponsor: Albina Vision Trust, Edlen & Co.
Builder: Colas Construction
Designer: LEVER Architecture
Units: 94
Metro Bond Funds: $13.4 million
Total cost: $49 million
Target completion: Fall 2024
4. Meridian Gardens
Neighborhood: Powellhurst-Gilbert
Developer/Sponsor: Central City Concern
Builder: Walsh Construction
Designer: Ankrom Moisan Architecture
Units: 85
Metro Bond Funds: $12.1 million
Total cost: $26 million
Target completion: Spring 2024
Neighborhood: Overlook
Developer/Sponsor: Community Development Partners, Self Enhancement Inc.
Builder: LMC Construction & ALMART Contracting
Designer: Carleton Hart Architecture
Units: 64
Metro Bond Funds: $9.1 million
Total cost: $30 million
Target completion: Summer 2023
6. Tistilal Village
Neighborhood: Portsmouth
Developer/Sponsor: Native American Youth and Family Center
Builder: Colas Construction
Designer: Carleton Hart Architecture
Units: 24 new
Metro Bond Funds: $3.4 million
Total cost: $26.6 million
Target completion: Winter 2023
7. PCC Killingsworth
Neighborhood: Cully
Developer/Sponsor: Home Forward
Builder: O'Neil/Walsh Community Builders
Designer: Hacker Architects
Units: 84
Metro Bond Funds: $2.5 million
Total cost: $38 million
Target completion: Summer 2024
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