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3000 SE Powell 

A new apartment community with 206 affordable homes located on SE Powell Blvd near 30th in Portland will open by June 2024.

Supported by Portland’s Housing Bond

This apartment community of 206 affordable homes is well located near parks, schools, public transportation and grocery stores. The thoughtful design includes a range of apartment sizes, community spaces, and a pick-up zone directly off of the busy SE Powell Blvd. Financing for these new homes is anchored with funds from Portland’s Housing Bond.

Resources:

Units:

  • 123 studio homes,
  • 18 one-bedroom homes,
  • 59 two-bedroom homes, and
  • 6 three-bedroom homes.

 

Rents will be affordable at multiple ranges:

  • 138 at or below 60% AMI (area median income)
  • 68 at or below 30% AMI
  • 50 of these 30% AMI homes will be supported with Project-based Section 8 rental assistance.
  • Permanent Supportive Housing (PSH) services will be available for 30 families who have experienced homelessness where one person has a disabling condition.

Resident Services – a full range of services will be available, including our partners at El Programa Hispano Catolico.

Construction & Occupancy Milestones – Construction began in November, 2021 and lease-up is anticipated to start in Fall, 2023.

Financial Partners – City of Portland, Oregon Housing and Community Services, Bank of America, and the Joint Office for Homeless Services of Multnomah County.

Design and Construction Partners – Holst Architecture and Colas Construction.

Services Partners (as of September 2021) – El Programa Hispano Catolico.

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