Park Terrace LIHTCPB Section 8 Portland, OR
Profile last updated · Data vintage: HUD FY2025
Park Terrace is a Project-Based Section 8 community in Portland, OR with 35 units reporting 57% occupancy. Assisted residents pay about $353/month on average.
35
total units
57%
occupancy
$353
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 315 N Alberta St, Portland, OR 97217 Map → |
| Average household income | $14,293/yr |
| Average personal income | $13,427/yr |
| People per unit | 1.1 |
| Moved in within last year | 6% |
| Households below 30% AMI | 94% |
| Households below 50% AMI | 100% |
| One-bedroom share | 100% |
How to apply at Park Terrace
LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
- Call or visit the management office at 315 N Alberta St, Portland; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$353/mo average here).
Other subsidized housing in Portland
- 85 Stories Group Ii LIHTCPB Section 8
- Columbia Knoll LIHTCPB Section 8
- 85 Stories Group 6 LIHTCPB Section 8
- West Ridge Meadows Apts LIHTCPB Section 8
- Rose City Village Apts LIHTC
- 85 Stories Group I LIHTCPB Section 8
- New Columbia Trouton LIHTCPB Section 8
- Marshall Union Manor PB Section 8
- Rose Schnitzer Tower LIHTCPB Section 8
- Westmoreland's Union Manor PB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Rosemont Court LIHTCPB Section 8 | Portland | 1.1 km |
| Irvington Village LIHTCPB Section 8 | Portland | 1.4 km |
| Pacific Tower LIHTCPB Section 8 | Portland | 3.3 km |
| The Madrona LIHTC | Portland | 3.3 km |
| Sitka Apts LIHTCPB Section 8 | Portland | 3.4 km |
| Pearl Court Apts LIHTCPB Section 8 | Portland | 3.4 km |
| Lovejoy Station LIHTCPB Section 8 | Portland | 3.4 km |
| Station Place Tower LIHTCPB Section 8 | Portland | 3.4 km |
← All subsidized housing in Portland
Frequently asked questions
What kind of subsidy does Park Terrace have?
Project-Based Section 8; Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Park Terrace?
Residents report average rents near $353/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Park Terrace?
Contact the management office at 315 N Alberta St in Portland. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.