East County Project
17527 Se Pine St
Portland, Multnomah County, Oregon 97233

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Funding Programs

East County Project was developed and operates with Federal housing financing. The property utilizes the Section 202 Federal housing program to make rent affordable to lower income tenants.

Section 202

The property was developed with funding through the HUD Section 202 program which provides funding for housing for seniors who are 62 or older. The program provided both capital financing to construct the property and operating subsidies that work as rental assistance like the Section 8 program. East County Project is among only 79 Section 202 properties in Oregon and 6,166 in the country.

Overview

East County Project 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).

East County Project is an apartment community containing 6 rental units. The property contains 10 bedrooms and based on typical apartment occupancy limits, East County Project is home to not more than 19 persons when fully occupied.

Rent Subsidies

East County Project provides rental subsidies to renters. The type of subsidy provided to apartment renters in Portland, OR by this property is Section 202 Rental Assistance.

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 no minimum rent at this property for residents receiving a rent subsidy but in recent years, there has been discussions in Congress to implement a minimum rent in the Section 202 Program to reduce cost burden on the Federal budget.

Unit Mix

East County Project contains a mix of 6 assisted one and two bedroom apartments for rent. There are 2 One Bedroom and 4 Two Bedroom apartments in this property. The unit mix is 33% One Bedroom and 67% Two Bedroom apartment rentals. The average bedroom size for East County Project is 1.43.

Oregon's 3rd

Congressional District

6

Total Units

6

Project Based Sec. 8 Units

6

Section 202 Units

6

Senior Units

88

% of Fair Market Rent

28-Feb-21

Project Based Sec. 8 Contract Expiration

One and Two

Unit Mix

1.43

Average Bedroom Size

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