A New Chapter for Southeast Portland: REACH Breaks Ground on 73Foster
REACH Community Development is proud to announce the groundbreaking of 73Foster, a new affordable housing community in Portland’s Foster-Powell neighborhood. This 64-unit development marks a significant milestone in REACH’s ongoing commitment to equitable, service-enriched housing in Southeast Portland.
Building Homes, Building Hope
Located just one block from REACH’s earlier development, 72Foster, and adjacent to the vibrant Portland Mercado, 73Foster will offer 22 Permanent Supportive Housing (PSH) units and 42 apartments for households earning at or below 60% of the Area Median Income (AMI). Residents will enjoy in-unit heating and cooling, laundry facilities, bike storage, a food pantry, and a central landscaped courtyard designed for both quiet relaxation and active play.
“This project reflects our agency’s vision for a future where every Oregonian has a safe, stable, and affordable place to call home,” said Andrea Bell, Executive Director of Oregon Housing and Community Services (OHCS). “With PSH and LIFT funding, we are proud to support developments like 73Foster that center equity, dignity, and long-term housing stability.”
Designed for Accessibility and Inclusion
In partnership with Community Vision, 73Foster incorporates universal design elements to ensure accessibility for people of all abilities. REACH is also working closely with Asian Pacific American Network of Oregon (APANO) and El Programa Hispano Catolica (EPHC) to provide culturally responsive outreach, translation services, leasing support, and ongoing resident engagement.
“73Foster affirms that everyone deserves a home where they feel welcome, safe, and supported,” said Senator Khanh Pham (SD 23). “As someone who grew up in this neighborhood, I’m deeply proud to see this kind of investment in our community.”
A Community-Driven Vision
The Foster-Powell neighborhood is home to a richly diverse community, where 50% of residents identify as people of color and the average household income is approximately $24,400. 73Foster is designed to meet the needs of this community through a mixed-income, service-enriched model that supports individuals who have experienced homelessness or live with disabilities.
“73Foster is a powerful example of what we can accomplish when we invest in deeply affordable, service-rich housing that meets people where they are,” said U.S. Congresswoman Maxine Dexter, MD (OR-3). “These homes will provide safety, dignity, and stability for individuals and families who need it most—and they are exactly the kind of housing our public dollars should support.”
Powered by Partnerships
The project is being built by Walsh Construction and designed by Holst Architecture, with funding from a wide range of public and private sources, including:
Metro Affordable Housing Bond – $4.4 million
Oregon Housing and Community Services (LIFT and PSH funds)
Metro Transit-Oriented Development (TOD) Grant
Portland Clean Energy Community Benefits Fund (PCEF)
Energy Trust of Oregon
Network for Oregon Affordable Housing (NOAH)
“REACH is proud to be building homes in a neighborhood where families and individuals can thrive with dignity and support,” said Margaret Salazar, CEO of REACH. “This development reflects the values of our organization: equity, accessibility, and the power of community-driven partnerships.”
What’s Next
Construction began in June 2025, and REACH looks forward to welcoming residents in 2026. Sign up at reachcdc.org/73foster for updates and news about lease up.
Thank you to Au Nguyen for your beautiful photos!
