PORTLAND, Ore. – Property near the west end of the Ross Island Bridge will be the site of a new housing development.
Photo credit: Portland Chronicle
In September the Portland Housing Bureau issued a press release identifying the 2014 Notice Of Funding Availability recipients. Among them is a vacant lot located at 110 SW Arthur St.
Photo credit: Portland Chronicle
In 2003 a gas station was demolished on the property was demolished. Since then the lot has been vacant.
Photo credit: Portland Chronicle
The project will be undertaken by Central City Concern, a Portland nonprofit which works to address homelessness. Gerding Edlen will serve as a “development consultant” on the project, according to the PHB press release.
Photo credit: Portland Chronicle
The development will include 39 residential units. Four of these will be reserved for households earning 30 percent of the median family income, and the rest will be rented to households earning 60 percent of the median family income. Eight of the 39 units will be rented to households with a mental disability, according to the press release.
Photo credit: Portland Chronicle
The 2014 median family income for a family of four in Portland is $69,400, according to the PHB.
Photo credit: Portland Chronicle
Earlier this year the property showed up on a list of potential relocation sites for Right 2 Dream Too.
Photo credit: Portland Chronicle
The property is currently owned by Apache Park LLC, and the property records list Jim Hanna as an affiliate. The Portland Chronicle was unable to find active business records for Apache Park LLC.
Photo credit: Portland Chronicle
No permits have been filed as of this article’s publication.