The Vera contains 203 units of affordable housing consisting of studio, one-, two-, and three-bedroom apartments. Of the 203 affordable units, 90 serve households earning 0% to 30% of the Median Family Income, including 70 with Project-based Section 8 vouchers and 10 for homeless veterans under the Veteran Affairs Supportive Housing program. The balance of apartments serve families earning up to 60% of MFI. Several units include special features for people with mobility, hearing, and/or visual impairments. Additionally, the mix of two- and three-bedroom units 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