Green Light for Affordable Housing
Mar 30, 2016
The Portland City Council gave a unanimous vote to approve development of the Park Hill Apartments located at 110 SW Arthur. Additionally, they authorized a $3.2 million Community Development Block Grant to support the project. “I think we could subject this one to two weeks of due diligence, and we wouldn’t find one reason to criticize it,” said Commissioner Nick Fish of the project.
Park Hill Apartments is a collaboration between Gerding Edlen and Central City Concern to provide affordable housing for those living drastically below the area median family income. Eight of the 39 apartments will also be set aside for persons living with severe mental illness.
Central City Concern contributed financially to the project and will assume operations when the project opens. Public funding was also supplied through Addiction and Mental Health Services, HUD and Home Forward.