FINANCIAL_SERVICESPENDING

Portland Considers $375,000 Lambert Woods Housing Loan

Portland is considering a $375,000 Housing Trust Fund appropriation for Preservation of Affordable Housing’s Lambert Woods North development. The nonprofit requested $1.328 million for the 72-apartment project, while city staff recommended partial funding for increased construction and professional costs.

Document date · October 2, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$375,000 recommended partial funding; $1,328,316 requested
Contract type
FINANCIAL_SERVICES
Renewal
The project previously received a $360,000 City funding award and had three bridge loans from POAH totaling $1,559,927; the current request is for additional partial support.
Document type
Agenda
Source document
City of Portland Agenda City Council Meeting 2026-10-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Portland?

Preservation of Affordable Housing (poah) was awarded this financial services contract by City of Portland, as recorded on October 2, 2026. The contract value is $375,000 recommended partial funding; $1,328,316 requested.

How much is the Preservation of Affordable Housing (poah) contract with City of Portland worth?

The Preservation of Affordable Housing (poah) contract with City of Portland is valued at $375,000 recommended partial funding; $1,328,316 requested, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Portland Agenda City Council Meeting 2026-10-05 (Agenda), dated October 2, 2026 from City of Portland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Preservation of Affordable Housing (poah) hold?

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