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Oregon Boosts Affordable Housing with Over $37 Million for Projects in Curry, Lane, and Multnomah Counties

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Published on January 15, 2025
Oregon Boosts Affordable Housing with Over $37 Million for Projects in Curry, Lane, and Multnomah CountiesSource: Oregon Housing and Community Services

Oregon Housing and Community Services (OHCS) has announced funding for over 100 affordable housing units across the state, targeting Curry, Lane, and Multnomah counties in an effort to alleviate the housing crisis. The funding approval, announced last Friday, covers three projects set to benefit a range of residents, with a particular focus on seniors. OHCS emphasized the initiative as part of their broader mission to improve housing stability in these communities.

In a significant financial push, M Carter Commons, a development in Portland, is set to receive up to $21.5 million in pass-through revenue bond financing. OHCS states that this 62-unit complex, named after Margaret Louise Carter, Oregon's first Black woman legislator, aims to serve residents over the age of 55. According to OHCS, the partnership between the Urban League of Portland and Northwest Housing Alternatives highlights a collaboration that includes amenities like an enclosed courtyard and culturally responsive services.

The Housing Stability Council also showed their support for Elm Park Apartments in Florence with an award of $12.2 million. This project is expected to establish 32 new units, ranging from one to three bedrooms and will include a greenhouse, raised garden beds, and a community center. Its strategic location across the street from a park and near a new early childhood education facility underscores a deliberate approach to placing community at the heart of new housing developments.

Meanwhile, Shelly Cove Apartments in Port Orford represents an example of essential preservation efforts, earmarked for $4.1 million in funding to renovate and sustain 14 affordable housing units. Sponsored by Chrisman Development, Inc, the project's updates are set to include a new roof, siding, exterior doors, and windows, as well as internal renovations that will outfit each unit with new hot water heaters and energy-efficient appliances, according to OHCS.

Andrea Bell, Executive Director of OHCS, succinctly summarized the organization's commitment: "Dirt is flying as communities across Oregon break ground on new housing developments...We are not just building—we are creating opportunities, connecting communities, and strengthening our state. Making life better and more affordable for Oregonians is possible through real investments, real affordable housing options, and real efforts to strengthen our economy." Clearly, OHCS sees these efforts as fundamental to the vision of a more inclusive and supportive housing market within Oregon.