Bridge Meadows Redmond

Bridge Meadows is a local Oregon non-profit and affordable housing developer that builds housing for youth who have experienced foster care, their families, and elders, creating intentional intergenerational communities. Their first two communities are located in North Portland and Beaverton, Oregon.

Green Light provided comprehensive development services to Bridge Meadows on their newest affordable housing community in Redmond, Oregon. The project features 10 family townhomes, 26 apartments for seniors, a central courtyard, community building, and resident activity and services spaces.

The project was financed with 9% Low Income Housing Tax Credits (LIHTC) from National Equity Fund (NEF), construction and permanent debt from Umpqua Bank, Charitable donations raised by the nonprofit, HOME Investment Partnerships Program, National Housing Trust Fund (HTF), General Housing Account Program (GHAP), OHCS Multifamily Energy Program funds (OR-MEP), and 8 Project-Based Section 8 vouchers.

Location: 2580, 2582, 2584, & 2586 NW Kingwood Ave, Redmond, OR

Property type: Affordable Multi-Family

Land size: 90,199 square feet

Building size: 40,651 square feet

Project cost: $18,300,000 (approx.)

Date delivered: November 2021

Website: bridgemeadows.org

Partners: Bridge Meadows; Carleton Hart Architects; Walsh Construction; National Equity Fund; Umpqua Bank; Oregon Housing and Community Services