Monday, September 26, 2016

Associated Press: Portland Hospitals Join Health Care Plan to Donate $21.5 Million for Affordable Housing

The Associated Press reported on Friday that five major Portland hospitals and a nonprofit health care plan will donate $21.5 million toward construction of nearly 400 affordable housing units. The funds will be part of a larger $69 million capital plan. The donors are OHSU, Adventist Health, CareOregon, Kaiser Permanente, Legacy Health and Providence.

Construction on the 382 units is expected to begin in 2017 and with opening in 2018. Read more.