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.
• 219 newly affordable homes in progress
• Stabilized housing for hundreds of families
Featured project: The Ellington Apartments
Before the City acquired the Ellington Apartments with bond funding, its 263 garden-style apartments and townhomes were being marketed to residents with higher-incomes, threatening to displace longtime residents. Now plans are underway to transform all of the units into affordable homes, welcoming at least 80 extremely low-income families and stabilizing hundreds of families who were at risk of losing their housing.
Northeast Portland’s Madison South neighborhood
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