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Portland, Oregon Completes $4.6 million Affordable Housing Project

Portland Housing Bureau
On August 22, the city of Portland will have a brand new affordable housing complex to unveil. Greenview Terrace, built on Portland's east side, consists of 31 housing units built for moderate-income Portland families.

To be eligible for a unit, residents must have an annual income of 50 percent or less of Portland’s median family income in Portland. This is approximately $34,700 for a family of four. Two of the 31 units are handicap accessible for people with physical disabilities.

Funding for the project came from the Portland Housing Bureau, Oregon Housing and Community Services, and the Network for Affordable Housing. The project was built by Rose Community Development who renovated the existing building to complete the new, affordable housing units. The company has completed 430 such units in total.

For more information, visit www.portlandoregon.gov/phb/60594


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