Housing Authority

Background

In 2018, regional voters approved a $652.8 million Metro Affordable Housing Bond for the creation of affordable housing within the urban growth boundary. The bond allows our region the opportunity to invest in the development of new housing resources for some of our most vulnerable and historically marginalized residents.

Bond revenues dedicated to Clackamas County are $116,188,094. As a county without entitlement cities (cities with a population of at least 50,000), all bond resources will run through the Housing Authority of Clackamas County (HACC).

Clackamas County production goals for Metro Bond funds are to:

• Develop or acquire approximately 812 new affordable housing units
• Meet the needs of families by making at least 406 of the units two bedrooms or larger
• Meet the needs of the County’s most vulnerable households by making at least 333 of the units affordable to extremely low-income households earning 30% or less of AMI. At least 200 of these units will be supported with rental assistance provided by HACC.
• Create affordable homes for households earning between 61 – 80% of AMI by using up to 10% of the funding. No more than 81 bond financed units will have rents at this level.

Available Resources

• Capital Funding: HACC plans to release $40.67MM or 35% of the total bond resources in this NOFA round.
• Project-based rental assistance: HACC will provide at least 125 project-based Section 8 (PBV) payment vouchers to bond-funded projects that support units serving households with incomes at or below 30% of area median income. HACC anticipates a variety of project-based vouchers types will be available, including PBS8, Mainstream, and Veterans Affairs Supportive Housing (VASH) vouchers. HACC will work with developers to determine the appropriate voucher mix for each project. Please refer to the HACC website for current Fair Market Rents and payment standards.
• HACC Conduit Bonds: HACC may consider issuing conduit bonds for HACC-owned or other projects. These bonds have the advantage of lower fees than offered by other conduit bond issuers.
   

Questions?

If you have questions or comments, please contact:

Housing Authority of Clackamas County
PO Box 1510, Oregon City, OR 97045
503-650-3434
metrobondinfo@clackamas.us

The Section 8 Housing Choice Voucher program is the most well-known and sought after housing program in America. There are more than 2,400 housing authorities in the United States, including the Housing Authority of Clackamas County. We are funded and overseen by the U. S. Department of Housing and Urban Development (HUD).

Program participants pay 30% of the household’s monthly income towards rent, and the rest is paid to the landlord by the housing authority that manages the household’s voucher. The program allows voucher holders to rent a unit of their choice that accepts vouchers and meets the program’s guidelines – we make sure they’re in good condition and charging reasonable rent. 

This program can be confused with the Section 8 Project-Based Voucher program, where people are required to live in a specific housing community. 
Due to high demand of both these programs, there is always a long list of people who want to take part. The demand is so high, we are only able to open our waiting lists or short time periods throughout the year. 

Rent and income limits are established and updated periodically by the US Department of Housing and Urban Development (HUD). They apply to the HOME-assisted units throughout the Period of Affordability.

Rent Limits For HOME-Assisted Units

Effective: July 1, 2024

The maximum allowable rent must be reduced by any tenant-paid utilities. When adjusting rents, use the utility allowances published by the Housing Authority of Clackamas County.

Any other utility allowance must be approved by the county. (Utilities do not include telephone or cable.)

Tenant Income Limits For HOME-Assisted Units

Effective: May 1, 2024

Important:

• For projects with five or more HOME-assisted units, at least 20% of HOME-assisted units must have rents at or below the Low HOME Rents and the tenants' incomes must be at or below 50% of median income.
• No tenant may sign an initial lease in a HOME-assisted unit if the household income exceeds 80% of AMI.
• During occupancy, if a tenant's income rises above 80% of median income, then the tenants must pay 30% of their adjusted income for rent. Exception: federal tax credit projects.

Hillside Manor is a nine-story concrete building constructed in 1970, that was rehabbed in 2021. 

Maximum Household Annual Income - 60% AMI

Updated 4/1/2024