Portland Affordable Community Opens Doors - Multi-Housing News

Jun 18, 2020 · BRIDGE Housing has opened The Vera, a 203-unit affordable community in Portland, Ore. With Ankrom Moisan Architects providing architecture services and Hoffman …

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Acquisition Of 340-Unit Housing Community In Portland Metro …

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Nov 7, 2024 · Deal exemplifies BRIDGE Housing’s strategy to grow its $3.5 billion portfolio by purchasing and preserving affordable housing communities before units can be transitioned to …

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BRIDGE Housing Has Opened The Vera, A... - Multi-Housing News

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BRIDGE Housing has opened The Vera, a 203-unit affordable community in Portland, Ore. The 203-unit project received almost $84 million in public and private financing. …

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Affordable Housing Aimed At Addressing Historical Inequities In …

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Oct 22, 2024 · It's publicly and privately funded -- $3.15 million from the Metro affordable housing bond. According to the city, as of this month, there are over 4,500 affordable homes in some …

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Portland Housing Bureau Announces Funding For 251 New …

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Dec 20, 2023 · In 2018, Metro-area voters approved the Metro Affordable Housing Bond,dedicating $652.8 million to the development of 3,900 units of affordable housing …

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Developer Has Affordable Housing Units Ready For Portland, But City …

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Nov 7, 2021 · She’s asking for $7,000 a month for each combination of the four-building units, which in total includes 18 bedrooms, seven bathrooms, a kitchen and laundry machines, or …

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Student Housing Portfolio Changes Hands For $893M

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Nov 8, 2024 · The Scion Group and an unnamed institutional investor have acquired 14 student housing properties for $893 million from Harrison Street. The assets total 8,724 beds and are …

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FAQs about Portland Affordable Community Opens Doors - Multi-Housing News Coupon?

Does Portland's affordable housing program work?

City housing staff say the program has nonetheless had some success. Michael Buonocore, the Portland Housing Bureau’s interim director, said the policy has played a role in the construction of 1,300 apartments that would not otherwise have been affordable. ...

How will the Metro affordable housing bond and Multnomah County general fund work?

Funds from the Metro Affordable Housing Bond and Multnomah County general fund will be deployed to fill funding gaps in four construction-ready projects. ...

Are Portland's housing regulations a good way to increase housing production?

Dave Peticolas, a member of the housing and tenants rights group Portland Neighbors Welcome, called the proposals a reasonable, effective way to increase housing production. “It’s rare for a city to remove regulations, even temporarily,” he said. ...

What is the Metro affordable housing bond?

Click here for full project profile. In 2018, Metro-area voters approved the Metro Affordable Housing Bond,dedicating $652.8 million to the development of 3,900 units of affordable housing throughout the Metro region, including $211 million to create 1,475 units of affordable housing within the City of Portland. ...

Did Oregon spend $335 million in Metro Homeless Services Tax revenue?

Mark Graves/The Oregonian Multnomah, Clackamas and Washington counties spent nearly all $335 million in Metro homeless services tax revenue collected in fiscal year 2023-24, according to end-of-year reports from each county. Thousands of people slept in newly built emergency shelter beds and thousands more were moved into housing. ...

How many people are homeless in Multnomah County?

In Multnomah County, 554 households become chronically homeless – meaning they were without a home for at least a year and have at least one disabling condition – on average each month, while only 419 enter housing. In Clackamas County, 419 new households were identified as needing housing each month, while 140 became housed. ...