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
Homes completed or in progress
Funds to be invested
Homes for families
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.