Current Size: 100%
Fountain Place Redevelopment
_6.jpg "Fountain Place Redevelopment")
After successful relocation of residents prior to the COVID-19 closures, work began in March 2020 to undertake seismic structural improvements and renovation of existing apartments. Apartments will remain affordable to households earning less than 60% of Area Media Income (AMI). Former residents and new occupants will begin to move back by Fall 2021.
Resources
Homes
- 74 affordable housing options
- 54 homes for households less than 60% AMI
- 20 homes with Project-based Section 8 rental subsidy for incomes less than 50% AMI
- Households will be living in
- 56 studio homes
- 14 one-bedroom homes, and
- 4 two-bedroom homes.
Highlights
- Former Fountain Place residents received relocation services and will have the opportunity to return when construction is complete.
- Seismic safety is a key element of the scope of work including significant interior bracing, new stairwells and new elevator, and exterior improvements to the unreinforced masonry.
- A new community room will allow residents an opportunity to host group events.
- Partnerships with Northwest Pilot Project and Transitions Project (TPI) provide resident referrals and case management for 20 residents living in the homes with Project-Based Section 8 rental subsidy.
Partners
- Financial: U.S. Department of Housing and Urban Development (Section 8 subsidy); City of Portland, Portland Housing Bureau; Oregon Housing and Community Services LIHTC and Preservation programs; U.S. Department of Interior, Parks Historic Preservation Program
- Design & Construction: Peter Meijer Architect and Lorentz Bruun Construction
- Key Community Partners: Northwest Pilot Project and Transitions Project (TPI)
