Oregon has awarded state grants to help build 351 affordable rental housing units in four Portland projects, state housing officials said.

Another 84 units will be funded in Tigard, Dallas, Toledo, Medford, Klamath Falls and La Grande, Oregon Housing and Community Services officials announced Wednesday.

The $16 million in grants will be combined with state and federal tax credits and other state and private housing funds to allow creation of the 435 subsidized apartments and tiny houses.

The largest project receiving funding is Portland’s RiverPlace 2 in the South Waterfront neighborhood, which will have 178 units. Planners say there will be 164 units devoted to renters who earn an income at 60% area median income, up to $52,740 for a family of four, and 12 units for 30% area median income, or $26,370 for a family of four.

The complex is projected to cost nearly $76 million to construct, and the state will provide about $1.7 million of that. The apartments are expected to be completed in January 2022.

Other Portland housing projects on the list are:

-115th and Division Street Apartments, with 138 units ranging from studio to three-bedrooms apartments also expected to open January 2022. All the units are expected to serve renters with incomes at 30% and 60% area median income. The project is projected to cost $39 million, with most of the money coming from a federal tax credit program for affordable housing. Oregon will contribute about $1.4 million.

-Portsmouth Commons, a project by the Portsmouth Union Church to construct 20 units on their property at 4775 North Lombard Street primarily to serve homeless veterans. The complex will have 12 two-bedroom units and one-bedroom housing for the rest. All but four of the units will be for renters with incomes at 30% area median income. The other four will be at 60%. The apartments are expected to open in 2021. The veterans housing complex is projected to cost $3.3 million, since the land is being contributed at no cost. Oregon will cover almost $2.4 million.

-The Douglas Fir Apartments at 6485 S.W. 128th Avenue, a $3.4 million project expected to have 15 units that serve veterans, Native Americans and low-income renters who are homeless or diagnosed with severe mental illness. The building is expected to be completed by May 2021. The state will provide tax credits to generate $1.5 million and a $1.2 million grant.

The other funded projects include retaining and rehabbing the 26-unit Village at Washington Square in Tigard and building Steward Avenue Apartments with 16 units in Medford and a 13-unit complex for homeless veterans in Dallas.

-- Everton Bailey Jr; ebailey@oregonian.com | 503-221-8343 | @EvertonBailey

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