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New Affordable Housing for Families in Southeast Portland!Wednesday, May 11, 2022
Featured photo by Andie Petkus.
On May 10, Central City Concern, Related Northwest, state and local partners celebrated the completion of Crescent Court Apartments, 138 new affordable homes for low and very low-income families earning 30% – 60% of Area Median Income (AMI). Crescent Court Apartments is the second affordable development resulting from the partnership between Related Northwest and CCC. It’s located across the street from Cedar Commons, the partnership’s inaugural affordable development.
“As the Portland metro region continues to face an affordable housing crisis, we’re thrilled to be opening Crescent Court Apartments in partnership with Related Northwest, offering a supportive housing community for very low-income families, communities of color, immigrants and refugees,” says CCC’s CEO & President Rachel Solotaroff. “Crescent Court Apartments is exactly the kind of solutions-oriented development our community needs. With myriad of on-site social services and after-school programs, Crescent Court Apartments will provide a compassionate, welcoming environment for families, children and those most in need in our community. We say welcome home!”
Fifty percent (50%) of the apartments at Crescent Court are two and three-bedroom units, in response to the area’s high demand for family and multi-generational housing. The development is comprised of studios, one-, two- and three-bedroom apartments. Rents range from $341-$1,410 per month. Seven units are designated as Permanent Supportive Housing for individuals who are homeless or at risk of homelessness. Common area amenities include a community room with kitchen, shared laundry, internet stations, teen room, playground, on-site parking, and picnic area with barbecue. Outreach and leasing assistance are being provided by The Immigrant and Refugee Community Organization (IRCO). CCC is providing intensive on-site social services.
A Focus on Kids
The Boys & Girls Clubs of Portland is providing a safe and positive space for kids in their new 1,700 square foot club, as well as free after-school activities. “We are very excited to open our very first clubhouse co-located in an affordable housing community,” said Terry Johnson, CEO of Boys & Girls Clubs of Portland. “The collective impact we will be able to create for Crescent Court families alongside our collaborative community partners will be transformative. This is a model that will serve the whole child, family, and community where social emotional needs will be met on every level.”
Funders of the development include Portland Housing Bureau, Oregon Housing & Community Services, Enterprise Housing Credit Investments, US Bank, and Multnomah County’s Joint Office of Homeless Services, and PGE Renewable Development Fund and their Green Future.
Want to learn more about Crescent Court, including the tenant selection plan and how to apply?