The latest news of interest to multifamily housing investors in Oregon and Washington.
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Monday, October 24, 2016
68-Unit Plaza Townhomes in Humboldt Neighborhood Will be Rehabilitated, Remain Affordable
Home Forward has sold the Plaza Townhomes to Community Preservation Partners (CPP), which is rehabilitating 68 Units of affordable housing at a cost of $50,000 per unit. CPP says a federal tax credit will allow it to save the 68 units as affordable housing for another 30 years. Read more in the Portland Tribune.