Portland's Housing Bond
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Progress

Progress

 

Community investments
in action

In 2016, Portland voters made history by resoundingly approving the city’s first-ever affordable housing bond, dedicating $258 million to create new affordable homes for Portlanders struggling to afford a place to live.

 
 

Current Status

  • ~634 newly affordable homes in progress

  • 5 projects citywide

  • Stabilized housing for hundreds of families


Recent accomplishments

  • 51 new units at 105th & Burnside opened to residents

  • The Westwind Apartments purchased for supportive housing in downtown

  • Acquired property in the Cully Neighborhood for new development


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Bond Properties

1. The Ellington Apartments

2. 3000 SE Powell

3. 105th & Burnside

4. NE Prescott

5. The Westwind


2. SE 30th & Powell

  • Estimated 200 units

  • Design begins September 2018

1. The Ellington Apartments

  • 263 units

  • Acquired in February 2017

  • Permanently affordable homes for approximately 600 current residents

4. NE Prescott

  • Estimated 50 units

  • Acquired in July 2018

  • Design begins next summer

3. 105th & Burnside

  • 51 units

  • Acquired in June 2018

  • Leasing and move-in for more than 160 residents begins late summer/early fall

 

 

Featured project: 105th & Burnside

The Hazelwood neighborhood and David Douglas school district in East Portland are home to the city’s most diverse populations, with Communities of Color and foreign-born households representing half of all residents. This 51-unit building will provide affordable housing to individuals and formerly homeless families in an area highly vulnerable to gentrification and displacement. Located on the TriMet Max line, residents will have access to work, school and services, including supportive services onsite.

Location
East Portland’s Hazelwood neighborhood

Nearby amenities
Public transit, schools, parks and more