Huston Commons, located at 72 Bishop St in Portland, has studio bedroom apartments. Huston Commons participates in the Low-Income Housing Tax Credit (LIHTC) program.
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Huston Commons is the third Housing First program in Portland and was completed in 2017. Avesta Housing developed, owns, and manages the building, and Preble Street provides on-site staffing, including social work services for tenants. Together, the 30 tenants of Huston Commons spent thousands of nights in Portland shelters, in the woods, or under bridges before finding their way home to a furnished efficiency apartment at Huston Commons. A home for good. Tenants pay 30% of their income toward rent, while HUD funds cover the balance. Portland Housing Authority provides project-based rental assistance.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Huston Commons is managed by Avesta Housing.