In the South Waterfront neighborhood, the construction of Gray’s Landing is making some significant progress.
Formerly known as Block 49, the six-story building with 209 homes was named in honor of John Gray, who is best known for his philanthropy, supporting education and affordable housing. He developed Sunriver, Skamania Lodge, and Portland’s own Johns Landing.
Mr. Gray is also a veteran, who served in the 82nd Airborne Division during World War II. 42 of the affordable homes in Gray's Landing will be dedicated to formerly homeless veterans.
Gray's Landing is a partnership between the Portland Housing Bureau and REACH CDC, and will be the first affordable rental housing in the South Waterfront neighborhood. Funding for the project comes from bond financing and tax credit equity, along with Tax Increment Funds from the North Macadam Urban Renewal Area.