Nonprofit developers will get more than $9 million from the Portland Housing Bureau to construct affordable housing projects.
The bureau announced in mid-February that the funds would go to Central City Concerns, Rose Community Development, and Lifeworks NW, reported The Oregonian. The local developers were awarded the grants after going through a competitive bidding process. The agencies had to list in their proposals how they would create new construction or repair existing apartments that house low-income families and individuals, the newspaper reported.
Central City Concern plans to finish the renovation of the 60-apartment Medford Hotel Apartments in Old Town-Chinatown at Northwest Fifth Avenue and Gilsan Street. The Northwest Portland nonprofit will team up with Multnomah County to offer low-barrier housing for people transitioning out of prison.