The Vera brings 203 affordable apartment homes to Portland, Oregon.
The Vera (RiverPlace Parcel 3) Apartments contains 203 units of affordable housing consisting of studio, one-, two-, and three-bedroom apartments. Of the 203 affordable units, 90 will be reserved for households earning 0% to 30% of the Median Family Income, including 70 with Project-based Section 8 vouchers and 10 dedicated to homeless veterans utilizing VASH vouchers. Additionally, the mix of two- and three-bedroom units will allow more children and families to benefit from the amenity-rich area of the South Waterfront. Property amenities include a playground and landscaped courtyard, two laundry rooms, a community room with kitchen and community spaces, resident services office with adjacent conference area and a community classroom.
The Vera was designed, engineered and constructed with careful attention to its environmental impact, with a focus on reducing the use of energy and natural resources in the ongoing operation of the building. View The Vera’s list of green building features here.
Architect: Ankrom Moisan Architects, Inc.
Contractor: Hoffman Construction
Financial Partners: Portland Housing Bureau; Oregon Housing and Community Services; Prosper Portland; Home Forward; U.S. Department of Housing and Urban Development; National Equity Fund, Inc.; KeyBank Community Development Lending; Barings Multifamily Capital
Living at The Vera (RiverPlace Parcel 3)
This brand new building, located in Portland, Oregon, will offer 203 units of affordable housing consisting of studios, one-, two-, and three-bedroom apartments. 50 of these units will have a Project Based Voucher subsidy. An additional 30 units are set aside for supportive housing, including 10 VASH units. Several units will include special features for people with mobility, hearing, and/or visual impairments; disabled applicants are encouraged to apply. We do not discriminate on the basis of disability. Income and other restrictions apply.
Please visit The Vera’s website for applications, pictures, unit plans and more: www.theveraportland.com.
For general information about living at a BRIDGE property, click here.