Candalaria Villa
1009 Se 162nd Avenue
Portland, Multnomah County, Oregon 97233

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Funding Programs

Candalaria Villa 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

Candalaria Villa has a project-based Section 8 contract. 32 of the 32 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 January 01, 2014 and the contract expires on December 31, 2018. The Section 8 contract rent is 71.2% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,021.00 for One Bedroom, $1,208.00 for Two Bedroom, and $1,757.00 for Three 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

Candalaria Villa 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).

Candalaria Villa is an apartment community containing 32 rental units. The property contains 64 bedrooms and based on typical apartment occupancy limits, Candalaria Villa is home to not more than 124 persons when fully occupied.

Rent Subsidies

Candalaria Villa 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

Candalaria Villa contains a mix of 32 assisted one, two, and three bedroom apartments for rent. There are 8 One Bedroom, 16 Two Bedroom, and 8 Three Bedroom apartments in this property. The unit mix is 25% One Bedroom, 50% Two Bedroom, and 25% Three Bedroom apartment rentals. The average bedroom size for Candalaria Villa is 2.

Oregon's 3rd

Congressional District

32

Total Units

32

Project Based Sec. 8 Units

71.2

% of Fair Market Rent

31-Dec-18

Project Based Sec. 8 Contract Expiration

One, Two, and Three

Unit Mix

2

Average Bedroom Size

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