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 creating affordable homes for Portlanders struggling to afford a place to live.

 
 

Current Status

  • Approximately 662 affordable homes completed or in progress

  • 6 projects citywide

  • 313 homes currently open and occupied


Recent accomplishments

  • $70 million released for affordable housing projects in first Bond Opportunity Solicitation

  • Redevelopment of the Joyce Hotel identified as sixth Bond project

  • The Westwind Apartments purchased for supportive housing in downtown


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Bond Properties

1. The Ellington Apartments

2. 3000 SE Powell

3. 105 Burnside

4. NE Prescott

5. The Westwind

6. The Joyce Hotel


2. 3000 SE Powell

  • Project type: New development

  • Status: Pre-development

  • Units: Approx. 160

1. The Ellington Apartments

  • Project type: Existing building acquired February 2017

  • Status: Occupied

  • Units: 262

  • Population served: Families

4. NE Prescott

  • Project type: Land acquired June 2018 for new development

  • Status: Development planned for 2021

  • Units: 50 (estimated)

3. 105 Burnside

  • Project type: New development opened September 2018

  • Status: Occupied

  • Units: 51

  • Population served: Formerly homeless families

6. The Joyce Hotel

  • Project type: SRO building acquired for redevelopment

  • Status: Redevelopment planned for 2021

  • Units: 69

  • Population served: Homeless individuals

5. The Westwind

  • Project type: SRO building acquired November 2018

  • Status: Occupied; redevelopment planned for 2021

  • Units: 70

  • Population served: Homeless individuals

 

 

Featured project: 105 Burnside

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

Location
East Portland; Hazelwood neighborhood

Nearby amenities
Public transit, schools, parks and more