Villas De Mariposas

5020 NE Killingsworth St, Portland, Oregon 97218

Built in 2004, Mariposas consists of 71 two-, three- and four-bedroom town home and flat-style apartments. The project serves working families earning between 30 percent and 60 percent AMI. The project is located on two sites.   

Villas de Mariposas is a beautifully designed community of quality and affordable housing, offering many amenities at an attractive price. The architectural details, including a city environment and rustic colors, bring a sense of history and tradition to this Portland community. 

Villas de Mariposas is conveniently located within a beautiful neighborhood setting and near highway access and downtown Portland. Come in and see our professional management team today, they would love to show you around, so you can see for yourself why Villas de Mariposas is the affordable solution for high quality living in Portland. 

Programs: all free and available for residents:

  • Vamos Kids: an after school program serves first- through fifth-grade students residing at this site. Vamos is designed to increase family involvement, attendance at school, school performance and reports of a positive school experience.
  • Portland Niños: aims to reduce preventable health disparities in Latino children
  • Expresiones: is an afterschool program for our middle school-age residents designed to increase family participation, school attendance and retention and reports of a positive experience in school.
  • Vive Activa: an exercise program to motive women for a better health
  • Resident Services: works directly with residents to create a better and stronger community 

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Contact Villas De Mariposas

Message Villas De Mariposas

Project-Based Voucher (PBV) Wait List is Open Now

Last updated on July 8th, 2021

Villas De Mariposas Details

  • Garden
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Community Room
  • Covered Parking
  • Experienced Management
  • Landscaping
  • Computer Room
  • Wheel Chair Accessible

Unit Amenities

  • Dishwasher
  • Private Patios
  • Electric Range

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Portland Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Portland but actual income limits may differ for units at Villas De Mariposas.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,850 $38,700 $43,550 $48,350 $52,250 $56,100 $60,000 $63,850
Low Income (60%) $40,620 $46,440 $52,260 $58,020 $62,700 $67,320 $72,000 $76,620

Villas De Mariposas is managed by Cascade Management, Inc.

Image of Villas De Mariposas
Image of Villas De Mariposas

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