Skip sidebar navigation

Government

Metro Housing Bond

In 2018, voters approved a $652.8 million affordable housing bond measure to create permanently affordable homes across Multnomah, Washington and Clackamas counties.

Gresham's share is $27.1 million. Construction is complete on two housing projects endorsed by City Council in 2020: Albertina Kerr-Wynne Watts Commons and Rockwood Village. In 2023, City Council endorsed four additional projects with the remaining funds: Terracina Vista (formerly named Burnside Housing), Oak Row at Rockwood, Myrtlewood Way (formerly named Glisan Street Townhomes), and Civic Drive Family Housing. These projects are currently in different stages of development.

Gresham's affordable housing projects  

Albertina Kerr - Wynne Watts Commons

930 NE 162nd Ave.

City of Gresham housing bond funds invested: $11.2 million

Partners and scope: Albertina Kerr’s Workforce & Inclusive Housing Project will create 150 new affordable apartments on Kerr’s Gresham campus

Project timeline: Applications open in February 2022; move-ins late May 2022

Housing highlights

  • The largest net zero energy affordable housing project in the Pacific Northwest is powered entirely by solar energy. Residents won’t pay for utilities (electricity, water, sewer) and will have access to free high-speed internet.
  • Thirty accessible units with state-of-the-art technology for adults experiencing intellectual and/or developmental disabilities.
  • Remaining apartments priced to support human services workers.
  • Outdoor courtyard with playground equipment and barbecue for gatherings.

Albertina Kerr project summary

Learn more at albertinakerr.org For information, call 503-239-8101.

Rockwood Village

740 NE 182nd Ave.

City of Gresham housing bond funds invested: $5.1 million

Partners and scope: Community Development Partners and Hacienda CDC, a Latino Community Development Corporation, have built a 224-unit community set around new Neighbor’s Park. The City funded 47 units; 23 are three and four-bedroom units.

Project timeline: Now open. Join the waitlist by filling out an online application

Housing highlights

  • Park-like setting preserved a mature grove of Douglas fir trees.
  • A community space with garden, walking paths, food truck plaza, public art, play areas.
  • Community building for celebrations with meeting space, kitchen, etc.
  • Nearby public transportation.

Rockwood Village project summary

Learn more at rockwood-village.com For information, call 503-489-5376.

Terracina Vista

16503 E Burnside

City of Gresham housing bond funds invested: $2.5 million

Partners and scope: Northwest Housing Alternatives and USA Properties have partnered to develop new construction rental housing. The project will deliver 91 affordable units comprised of 35 one-bedrooms, 17 two-bedrooms, and 39 three-bedrooms.

Project timeline: under construction; completion anticipated spring 2025.

Housing highlights:

  • Secure, kid-friendly courtyard
  • Community room with giving pantry
  • 56 parking spaces
  • Nearby public transportation

Terracina Vista project summary

Oak Row at Rockwood

In development. More information coming soon.

Myrtlewood Way

In development. More information coming soon.

Civic Drive Family Housing

In development. More information coming soon.

Housing bond background

  • 2018 Housing Bond
  • Gresham's Implementation of Funds
2018 Housing Bond

Metro is working with local partners and communities across the region to develop 3,900 homes for seniors, working families, veterans and others who need them.

Metro will implement the bond in partnership with the City of Gresham and six other jurisdictions, each with its own funding allocation and production targets.

Metro housing bond website

Metro housing bond work plan

Gresham's Implementation of Funds

The City's local implementation strategy will invest its share of the regional bond funds for safe and affordable housing within Gresham. This will result in 2-4 housing sites to meet Gresham's bond housing targets:

Project funding available to Gresham: $27.1 million
Target number of housing units: 187
Number of deeply affordable units: 77
Number of family-sized units: 93

  • With the two projects complete, the City has surpassed the 187-unit production required from Metro with 194 units.
  • The City has met its target for deeply affordable units.
  • Gresham will be able to exceed the housing production goals established in our local plan once all projects are completed.

Gresham's local implementation strategy

Contact

For more information about Gresham's bond implementation, contact us at 503-618-2149 or HousingBond@GreshamOregon.gov.