The Rockwood Building
This national-award-winning project brings critically needed housing and services to Gresham’s low-income Rockwood neighborhood. With rents rising in inner-Portland neighborhoods, many low-income households have relocated to East County communities such as this one. Yet access to high-quality affordable housing and essential human services has not kept pace with Rockwood’s changing demographics, including growing numbers of immigrant families. The Rockwood Building, one of the first projects to break ground in the new Rockwood Urban Renewal Area, addresses this gap. The new $16.9 million building provides affordable housing for low-income households, including 15 previously homeless families, plus office/facility space for seven nonprofit human-service agencies. We helped sponsor Human Solutions, Inc. develop creative finance solutions, including obtaining Gresham’s first CDBG Section 108 loan, and manage an innovative, green construction project. Recognized as “a model other communities can learn from,” the project earned the 2011 Audrey Nelson Community Development Achievement Award.
- Client Human Solutions, Inc.
- Location Gresham, Oregon
- Size 47 Units; 75,536 square feet, including a 25,402-square-foot multiservice center
- Nonprofit tenants Human Solutions, Mt. Hood Head Start, Wallace Medical Concern, Metropolitan Family Service, Loaves & Fishes, El Programa Hispano, LifeWorks Northwest
- Development team Myhre Group Architects, Howard S. Wright
- Funding 21 sources, including the City of Gresham’s first CDBG 108 loan
- Completion date October 2011
- HDC role Financial structuring and construction management