Major Milestones Abound
The past six months saw significant developments for five Bond projects:
In February, Alder 9 began construction. The 159-unit development will open in the fall of 2024 in Southeast's Buckman neighborhood.
That same month, the south building at Emmons Place opened its doors to residents. This building contains 47 units of Permanent Supportive Housing for those exiting homelessness, wtih a particular focus on homeless seniors. Emmons Place's north building will open this fall, with another 97 units for low-income seniors in the Alphabet District.
The East Addition to the Anna Mann House opened in April in the Kerns neighborhood. These 50 units will soon be joined by another 78 in the South Addition and the redeveloped existing portion of the Anna Mann House.
Anna Mann is now leasing - click here for more info.
In May, the Aurora opened its doors to residents in the Glenfair neighborhood of outer East Portland. The 93-unit project will provide stability to families in need, and also includes 16 units of Permanent Supportive Housing for formerly homeless individuals. We look forward to celebrating the Aurora's grand opening this fall.
The Aurora is now leasing - click here for more info.
Finally, in late June, Francis + Clare Place achieved financial close, meaning it can now begin construction. Francis + Clare will bring 61 units of Permanent Supportive Housing to Buckman when it opens next year. With this milestone, all but one Bond project is now open or in construction.