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) 

Details

Fact Sheets and Reports

Virtual Groundbreaking Website

www.FountainPlaceApartmentsPDX.com