Beacon Manor
3123 Se 8th Ave
Portland, Multnomah County, Oregon 97202

Request an Application

Funding Programs

Beacon Manor was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Beacon Manor has a project-based Section 8 contract. 20 of the 20 total units at the property receive Section 8 assistance. This means that 100% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on September 01, 2012 and the contract expires on August 31, 2032. The Section 8 contract rent is 75.2% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $886.00 for Zero Bedroom and $1,021.00 for One Bedroom.

26% of Oregon properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Overview

Beacon Manor is an affordable apartment community located in Portland, Oregon which is located in Multnomah County. The property is located in Oregon's 3rd Congressional District served by Representative Earl Blumenauer (D), Senator Ron Wyden (D) and Senator Jeff Merkley (D).

Beacon Manor is an apartment community containing 20 rental units. The property contains 8 bedrooms and based on typical apartment occupancy limits, Beacon Manor is home to not more than 24 persons when fully occupied.

Rent Subsidies

Beacon Manor provides rental subsidies to renters. The type of subsidy provided to apartment renters in Portland, OR by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Beacon Manor contains a mix of 20 assisted studio and one bedroom apartments for rent. There are 12 Studio and 8 One Bedroom apartments in this property. The unit mix is 60% Studio and 40% One Bedroom apartment rentals. The average bedroom size for Beacon Manor is 0.4.

Oregon's 3rd

Congressional District

20

Total Units

20

Project Based Sec. 8 Units

75.2

% of Fair Market Rent

31-Aug-32

Project Based Sec. 8 Contract Expiration

Studio and One

Unit Mix

0.4

Average Bedroom Size

Find More in Portland

Search Nearby Affordable Housing

Find More in Multnomah County

Search Nearby Affordable Housing

Find More in Oregon

Search Nearby Affordable Housing

† These counts are estimates based on the data available from HUD. Learn More About Our Data