The Lawrence Apartments

148th Apartments is a five-building housing project located in the Glenfair neighborhood of Portland, Oregon. The project will create 96 affordable units for renters earning at or below 30% and between 50-60% area median income with a mix of 1-, 2- and 3-bedrooms options. The development is in partnership with Home First Development with a shared goal to serve Portland’s Zomi Community, a predominantly Christian ethnic minority group from Myanmar, Bangladesh, and India, that have fled religious persecution. .

The development will be designed to meet the unique needs of Zomi refugees and in close coordination with members of their community and stakeholders. The building will achieve green building standards comparable to Earth Advantage Gold. Residents will benefit from services provided by Zomi Catholic Community Portland, a refugee-led nonprofit established to support individuals who have faced religious persecution.

The planned 1,500 SF community space, play area, and two covered courtyards will support resident service delivery and promote community building and gatherings. The location will provide residents with convenient access to multiple bus lines and the MAX light rail system.

The project is financed with Local Innovation Fast Track (LIFT) funds, 4% Low Income Housing Tax Credits (LIHTC), Oregon Affordable Housing Tax Credit (OAHTC), construction and permanent debt, OHCS Multifamily Energy Program funds (OR-MEP), and Permanent Supportive Housing rental assistance.

 

Location: 208 SE 148th Ave. Portland, Or

Property type: Affordable Multi-Family

Land size: 2.33 acres

Building size: 92,781 square feet

Project cost: $25,000,000 (approx.)

Date delivered: Winter 2023

Partners: Home First Development; Doug Circosta Architect; Oregon Housing and Community Services

Property Manager: Guardian Management, thelawrence@gres.com, 971-254-8639