Portland Housing Bureau
Portland, Oregon

In 2018, voters approved a $652.8 million affordable housing bond measure to create permanently affordable homes across Washington, Clackamas, and Multnomah counties. Metro is working with local partners and communities to bring affordable homes to 12,000 people: seniors, families and veterans.

Funding Source
Tax expenditure
Funding Year
FY 2025
Local Funding
$221,000,000
Program Status
Active
Website
https://www.portland.gov/phb/metro-housing-bond
Contact
David Sheern Portland Housing Bureau [email protected] 503-975-4775
How Provided?
Development bonds
Data Collected by Program
Income; Race; Ethnicity; Disability status; Age
Program Type
Capital resources
Income Eligibility Threshold
60% AMI or less
Duration
Affordability period is 99 years
Info Source
Interview with program administrator
Last Updated
4/28/23 13:15
Other Eligibility Requirements

No other eligibility requirements

Coordinates Eligibility With

Does not coordinate with other systems

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Persons experiencing homelessness or at risk of homelessness