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Multi-Family Rentals

Multi-Family Rentals

 Mainstream Housing, Inc. has three multi-family development projects with diversified funding sources. These projects for individuals with developmental disabilities include:

·         A six-unit apartment building in Gresham, Oregon. Mainstream Housing, Inc. is developing an affordable housing project in Gresham called On Your Own. This project fills a vital need in Multnomah County for affordable rental units with support services for people with developmental disabilities. This project will provide six new one-bedroom, single story apartments for developmentally disabled adults. An existing single family home will be rehabilitated for an on-site manager. The project also incorporates supported living; individualized daily assistance plans will be created and provided for residents by Community Vision, a service organization that works with developmentally disabled adults to assist them to live independently in the community.

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·         A 10-unit apartment building in Eugene, Oregon.
The Mainstream Apartments Project involves the acquisition and rehabilitation of an existing 10-unit apartment complex in an urban neighborhood in lovely downtown Eugene. Our project will make the rents affordable to people with very low incomes (below 40% of median) and will bring in support services to the units. Seven units will be service enriched and set aside for people with developmental disabilities. One unit will be at 60% for an on-site resident manager. One unit will provide administrative office space for Mainstream Housing, Inc. One unit is rented to an on-site service provider whose rent is 50-80% of median.

 

·         An existing 26-unit apartment complex in Springfield, Oregon.
The Aquarius Apartments will be a mixed-use project with 44% of the units (11 units) set aside for very low income individuals (30% of median) with mild disabilities and 56% of the units (14 units) for renters without disabilities and incomes at 60% of median. This project involved the acquisition and rehabilitation of an existing 26-unit apartment complex in an urban neighborhood in Springfield. 11 units will be service-enriched for people with developmental disabilities and incomes @ or below 30% of area median. Five of these units will be set-aside for people coming out of homelessness. 14 units will be for non-disabled renters with incomes @ or below 60% of the area median, including the resident manager. One unit will be for a supervised community services and recreational use, for a total of 26 units. These are all one and two bedroom units.

 

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Copyright 2002-2005 Last update: 03/27/2005
   

433 West 8th St. #1, Eugene, OR 97401-3002  |  (541) 484-4868  |  (541) 686-5598 (FAX)
www.mainstreamhousing.org

Currently, Mainstream Housing is seeking funding for an existing 16-unit apartment complex located in Cottage Grove, Oregon. This complex was purchased in February, 2007 and is called the Applegate Apartments. When funded, there will be rehabilitation done to make the apartments accessible. The Applegate Apartments will be a mixed-use project with some units set aside for very low income individuals (30% of median) with mild disabilities and the remaining units for renters without disabilities and income at 50 – 60% of median, including the resident manager.

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