St. James Inc.
1320 Sw Tenth Ave.
Portland, Multnomah County, Oregon 97201

Call (855) 598-3283, enter extension 33245, then hit #.

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Funding Programs

St. James Inc. was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. . 98 of 109 units at St. James Inc. are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was not located in a Qualified Census Tract or a Difficult Development Area and was not qualified for additional tax credit funding.

Overview

St. James Inc. 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).

St. James Inc. is an apartment community containing 109 rental units. The property contains 90 bedrooms and based on typical apartment occupancy limits, St. James Inc. is home to not more than 198 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

St. James Inc. contains a mix of 109 assisted studio, one, and two bedroom apartments for rent. There are 41 Studio, 46 One Bedroom, and 22 Two Bedroom apartments in this property. The unit mix is 38% Studio, 42% One Bedroom, and 20% Two Bedroom apartment rentals. The average bedroom size for St. James Inc. is 0.83.

Oregon's 3rd

Congressional District

109

Total Units

98

Tax Credit Units

Studio, One, and Two

Unit Mix

0.83

Average Bedroom Size

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