Housing Units: 55 (44 affordable units and 11 market rate units)
25 efficiency units
5 one-bedroom units
16 two-bedroom units
9 three-bedroom units
36 units at 50% of the Area Median Income
8 units at 60% of the Area Median Income
10% will have a preference for homeless or disabled households
Type of Development: Mixed Income rental housing for families and individuals
Developer: Portland Housing Authority
Total Development Cost: $11,300,000
City Contribution: $200,000 (HOME funds), $30,000 (CDBG funds), and $2,144,566 (TIF)
65 Munjoy Street
Year Opened: 2017
Housing Units: 8 Condominiums
4 one-bedroom units
2 two-bedroom units
2 three-bedroom units
8 units at 120% of the Area Median Income
Type of Development: Individuals and Families
Developer: Adam's Apple, LLC
Total Cost of Development: $1,700,000
City Contribution: $175,000 (Housing Trust Fund)
66 STATE STREET
Under Construction
Lodging House with 30 rooms
Housing Units: 30 rental units
14 efficiency units
16 one-bedroom units
30 units at 60% of the Area Median Income
Type of Development: Lodging House is a women's supportive housing community. The rental building is independent living for women who no longer need supportive housing.
Developer: Developers Collaborative
Total Cost of Development: $12,246,104
City Contribution: $299,999 (HOME), and $2,672,169 (TIF)
83 MIDDLE STREET
MIDDLE STREET APARTMENTS
Under Construction
Housing Units: 50
23 efficiency units
23 one-bedroom units
4 two-bedroom units
20 units at 50% of the Area Median Income
30 units at 60% of the Area Median Income
Type of Development: Age 62 or older
Developer: Community Housing of Maine (CHOM)
Total Cost of Development: $14,010,356
City Contribution: $193,266 (HOME funds), $200,000 (CDBG), $136,734 (Housing Trust Fund), and $1,559,287 (TIF)
178 Kennebec Street
Under Construction
Housing Units: 51 (40 affordable units and 11 market rate units)
46 one-bedroom units, and 5 studio apartments
16 units at 50% of the Area Median Income level
24 units at 60% of the Area Median Income level
Type of Development: Ages 55 or older
Developer: Maine Workforce Housing, LLC and The Szanton Company
Total Development Cost: $11,284,847
City Contribution: $370,000 (HOME funds), and $2,889,164 (TIF)
200 Valley Street
VALLEY STREET APARTMENTS
Under Construction
Housing Units: 60 (48 affordable units and 12 market rate units)
11 efficiency units
25 one-bedroom units
14 two-bedroom units
10 three-bedroom units
36 units at 50% of the Area Median Income
12 units at 60% of the Area Median Income
Type of Development: Individuals and Families
Developer: Avesta Housing, Inc.
City Contribution: $97,545 (HOME), $497,455 (Housing Trust Fund), and $4,092,269 (TIF)
337 Cumberland Avenue
Under Construction
Housing Units: 60 (48 affordable units and 12 market rate)
19 efficiency units
16 one-bedroom units
15 two-bedroom units
10 three-bedroom units
36 units at 50% of the Area Median Income
12 units at 60% of the Area Median Income
Type of Development: Individuals and Families
Developer: Portland Housing Authority
City Contribution: $500,000 (Housing Trust Fund) and, $2,722,057 (TIF)
409 Cumberland AVENUE
Year Opened: 2015
Housing Units: 57 (46 affordable units and 11 market rate units)
21 efficiency
32 one-bedroom
4 two-bedroom
35 units at 50% of the Area Median Income
11 units at 60% of the Area Median Income
Type of Development: Mixed income for Individuals and Family
Developer: Avesta Housing Development Corp.
Total Development Cost: $11,120,171
City Contribution: $500,000 (HOME funds), $759,392 (TIF)
977 Brighton Avenue
Wessex Woods
Under Construction
Housing Units: 40 (34 affordable units and 6 market rate units)
40 one-bedroom units
24 units at 50% of the Area Median Income
10 units at 60% of the Area Median Income
Type of Development: Ages 55 or older
Developer: Avesta Housing Development Corp.
Total Development Cost: $7,100,000
City Contribution: $300,000 (Housing Trust Fund), and $1,954,486 (TIF)
Adams School
48 Moody Street
Year Opened: 2013
Housing Units: 16 condominiums
8 two bedroom units, and 8 three bedroom units
16 units at 120% of the Area Median Income
Type of Development: Families
Developer: Avesta Housing Development Corporation
Total Development Cost:$4,500,000
City Contribution: $1,710,000 (Neighborhood Stabilization Program)