The Block 45 development at 1010 NE Grand Ave will include 127 affordable units and 77 market rate units
The Portland Housing Bureau has revealed the projects selected as part of the $47 million Super NOFA (Notice of Funding Availability). The award is the largest in the agency’s history, and will help build six new developments with 585 new units of affordable housing, as well as preserve another 255 units through renovation. Included in this will be 120 units reserved for the lowest-income households, earning up to 30% of the Median Family Income ($15,400 a year for an individual and $24,300 for a family of four).
Read on below for information about the six new build projects selected.