Source: Portland Housing Bureau, 4/9/15
April 09, 2015
PDC, in partnership with the Portland Housing Bureau (PHB), released a Request for Proposals for a new South Waterfront development that aims to create at least 200 affordable homes, as well as market-rate housing and commercial space.
PDC, who owns the land, has made the site available for a joint mixed-use mixed-income development with PHB. As many as 90 of the housing units will be affordable to households earning less than 30% of the Median Family Income ($24,250 or below for a family of four) thanks to a commitment from Home Forward to dedicate 80 rent assistance vouchers to the project, including 10 for homeless veterans. Home Forward’s contribution will also leverage other resources to support deeply affordable housing within the project. read more >