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News Release

REACH Community Development And Partners Celebrate Grand Opening Of 73Foster, Bringing 64 Affordable Homes To Southeast Portland (Photo) - 11/05/26

FOR IMMEDIATE RELEASE

November 5, 2026

 

 

REACH Community Development and Partners Celebrate Grand Opening of 73Foster, Bringing 64 Affordable Homes to Southeast Portland

 

New community includes 22 permanent supportive housing apartments for people experiencing chronic homelessness, made possible through public investment and community partnerships.

 

PORTLAND, Ore. — REACH Community Development (REACH) joined Metro, Portland Housing Bureau and other project partners on Nov. 5 to celebrate the grand opening of 73Foster, its newest affordable housing community in Southeast Portland’s Mt. Scott-Arleta neighborhood. Located at 7330 SE Foster Road, the development provides 64 affordable apartment homes, including 22 permanent supportive housing (PSH) apartments for people experiencing chronic homelessness.

 

Located one block from REACH’s sister property, 72Foster, and adjacent to the Portland Mercado, 73Foster offers studio, one-, two- and three-bedroom apartments to serve households with a range of housing needs. Forty-two apartments are affordable to households earning up to 60% of area median income (AMI), while the 22 PSH apartments serve households earning up to 30% of AMI.

 

73Foster combines affordable housing with supportive services and community partnerships to help residents build stability and connection. El Programa Hispano Católico provides on-site case management for residents in PSH apartments, supported with funding from OHCS and the voter-approved Metro Supportive Housing Services measure, as awarded by Multnomah County.

 

REACH offers resident services, programming, events and resource assistance for all residents. APANO partnered with REACH during the development process and supports lease-up and resident services, while Community Vision helps connect adults with disabilities to housing opportunities.

 

The grand opening also offered guests an opportunity to support 73Foster residents directly. Attendees were invited to bring nonperishable food items and pantry staples to help stock the community’s food pantry. With dedicated funding for the pantry still unavailable, guests donations of pantry staples filled 20% of the onsite pantry, helping meet residents’ immediate needs and give the pantry a strong start. The generous response reflects the community spirit behind 73Foster and the importance of connecting residents not only with an affordable place to live, but with the resources they need to thrive. REACH is still accepting donations and additional information on how to contribute to their Winter Joy Food Drive can be found on their website at reachcdc.org. 

 

“Everyone deserves a safe, stable place to call home, and that stability can open the door to so much more,” said Margaret Salazar, CEO of REACH. “At 73Foster, 64 households will have an affordable place to live, including people moving out of chronic homelessness who can benefit from both a permanent home and ongoing support. The generosity shown by guests at the grand opening is a reminder that building a community takes more than creating homes – it takes people coming together to help residents thrive. We’re grateful to the public agencies, service providers, community partners, and neighbors who helped bring this community to life.”

 

The development reflects significant public and private investment in affordable housing and energy efficiency. 73Foster was built with $4.4 million in support from the voter-approved Metro Affordable Housing Bond and a $1.5 million grant from the Portland Clean Energy Community Benefits Fund (PCEF), both awarded by the Portland Housing Bureau, as well as a $325,000 grant from Metro’s Transit-Oriented Development Program.Funding partners also include Oregon Housing and Community Services (OHCS), through its LIFT and Permanent Supportive Housing (PSH) programs. OHCS will also provide operating subsidies for the permanent supportive housing apartments.

 

Additional project funding includes support from the Energy Trust of Oregon and financing through Network for Oregon Affordable Housing (NOAH).

 

“Oregonians deserve housing solutions that meet their needs with the urgency, scale, and persistence it demands,” said OHCS Executive Director Andrea Bell. “Oregon ought to be a place where everyday people can afford to live and do more than get by but also get ahead. 73Foster shows how local leadership is turning public resources into more homes people can afford.”

 

"At 73Foster, our neighbors will find stability and support in the heart of a diverse corridor, close to excellent transit and community treasures like the soon-to-reopen Portland Mercado," said Metro Councilor Duncan Hwang."Voters approved the Metro Affordable Housing Bond in 2018 and the Supportive Housing Services measure two years later — together, they make it possible to build supportive, vibrant communities like 73Foster all across the region."

 

“Affordable housing is strongest when it meets residents’ needs while also contributing to healthier, more sustainable communities,” said District 3 Councilor Steve Novick. “At 73Foster, investments in affordable homes and clean-energy improvements come together in a community designed to support residents today and into the future. I’m pleased that the City partnered with REACH and the project team to bring these homes to Southeast Portland.”

 

In addition to providing affordable homes, 73Foster incorporates features that support resident comfort, accessibility and environmental sustainability. Amenities include a community room, an outdoor courtyard, a food pantry, laundry facilities on each floor and in-unit heat pump air conditioning. Solar panels funded through PCEF and Earth Advantage Platinum certification reflect the community’s commitment to energy efficiency and sustainability. Ten apartments meet Type A accessibility standards, representing approximately 16% of the community's 64 homes.

 

“Climate investments can make affordable housing more energy efficient while helping create healthier, more comfortable homes for residents,” said Sam Baraso, program manager for PCEF. “At 73Foster, PCEF funding supports solar energy and heat pumps in every apartment, helping residents stay warm in winter and cool in summer while keeping utility costs manageable. Projects like this demonstrate how investing in climate solutions can also support the long-term well-being of our communities.”

 

The project also supported economic opportunity during construction, with more than 35% of construction costs awarded to COBID-certified firms, including approximately 16% awarded to Minority Business Enterprises (MBEs).

 

Designed by Holst Architecture and built by Walsh Construction Co., 73Foster reflects the collaboration of public agencies, housing and service providers, community organizations and construction partners working together to expand access to affordable housing in Portland.

 

View a digital media kit here.

 

 

###

 

About REACH Community Development

Founded in 1982 by neighbors in Southeast Portland, REACH Community Development creates opportunities for all people to thrive by developing and promoting equitable access to quality, affordable homes, supportive services and community. REACH develops and owns affordable housing and partners with residents and communities to support housing stability, well-being and opportunity. Learn more at reachcdc.org.

Attached Media Files: 73Foster Ribbon Cutting, Photo Left to Right: Alicia LaManna, Walsh Construction Co.; Karen, Walsh Construction Co.; Jay Nees, Walsh Construction Co.; Margaret Salazar, REACH Community Development; Steve Novick, Portland City Councilor; Sam Baraso, Portland Clean Energy Community Benefits Fund (PCEF); Duncan Hwang, Metro Councilor; Roberto Franco, Oregon Housing and Community Services (OHCS). Photo credit: Au Nguyen,

REACH Community Development And Partners Celebrate Grand Opening Of 73Foster, Bringing 64 Affordable Homes To Southeast Portland (Photo) - 11/05/26

FOR IMMEDIATE RELEASE

November 5, 2026

 

 

REACH Community Development and Partners Celebrate Grand Opening of 73Foster, Bringing 64 Affordable Homes to Southeast Portland

 

New community includes 22 permanent supportive housing apartments for people experiencing chronic homelessness, made possible through public investment and community partnerships.

 

PORTLAND, Ore. — REACH Community Development (REACH) joined Metro, Portland Housing Bureau and other project partners on Nov. 5 to celebrate the grand opening of 73Foster, its newest affordable housing community in Southeast Portland’s Mt. Scott-Arleta neighborhood. Located at 7330 SE Foster Road, the development provides 64 affordable apartment homes, including 22 permanent supportive housing (PSH) apartments for people experiencing chronic homelessness.

 

Located one block from REACH’s sister property, 72Foster, and adjacent to the Portland Mercado, 73Foster offers studio, one-, two- and three-bedroom apartments to serve households with a range of housing needs. Forty-two apartments are affordable to households earning up to 60% of area median income (AMI), while the 22 PSH apartments serve households earning up to 30% of AMI.

 

73Foster combines affordable housing with supportive services and community partnerships to help residents build stability and connection. El Programa Hispano Católico provides on-site case management for residents in PSH apartments, supported with funding from OHCS and the voter-approved Metro Supportive Housing Services measure, as awarded by Multnomah County.

 

REACH offers resident services, programming, events and resource assistance for all residents. APANO partnered with REACH during the development process and supports lease-up and resident services, while Community Vision helps connect adults with disabilities to housing opportunities.

 

The grand opening also offered guests an opportunity to support 73Foster residents directly. Attendees were invited to bring nonperishable food items and pantry staples to help stock the community’s food pantry. With dedicated funding for the pantry still unavailable, guests donations of pantry staples filled 20% of the onsite pantry, helping meet residents’ immediate needs and give the pantry a strong start. The generous response reflects the community spirit behind 73Foster and the importance of connecting residents not only with an affordable place to live, but with the resources they need to thrive. REACH is still accepting donations and additional information on how to contribute to their Winter Joy Food Drive can be found on their website at reachcdc.org. 

 

“Everyone deserves a safe, stable place to call home, and that stability can open the door to so much more,” said Margaret Salazar, CEO of REACH. “At 73Foster, 64 households will have an affordable place to live, including people moving out of chronic homelessness who can benefit from both a permanent home and ongoing support. The generosity shown by guests at the grand opening is a reminder that building a community takes more than creating homes – it takes people coming together to help residents thrive. We’re grateful to the public agencies, service providers, community partners, and neighbors who helped bring this community to life.”

 

The development reflects significant public and private investment in affordable housing and energy efficiency. 73Foster was built with $4.4 million in support from the voter-approved Metro Affordable Housing Bond and a $1.5 million grant from the Portland Clean Energy Community Benefits Fund (PCEF), both awarded by the Portland Housing Bureau, as well as a $325,000 grant from Metro’s Transit-Oriented Development Program.Funding partners also include Oregon Housing and Community Services (OHCS), through its LIFT and Permanent Supportive Housing (PSH) programs. OHCS will also provide operating subsidies for the permanent supportive housing apartments.

 

Additional project funding includes support from the Energy Trust of Oregon and financing through Network for Oregon Affordable Housing (NOAH).

 

“Oregonians deserve housing solutions that meet their needs with the urgency, scale, and persistence it demands,” said OHCS Executive Director Andrea Bell. “Oregon ought to be a place where everyday people can afford to live and do more than get by but also get ahead. 73Foster shows how local leadership is turning public resources into more homes people can afford.”

 

"At 73Foster, our neighbors will find stability and support in the heart of a diverse corridor, close to excellent transit and community treasures like the soon-to-reopen Portland Mercado," said Metro Councilor Duncan Hwang."Voters approved the Metro Affordable Housing Bond in 2018 and the Supportive Housing Services measure two years later — together, they make it possible to build supportive, vibrant communities like 73Foster all across the region."

 

“Affordable housing is strongest when it meets residents’ needs while also contributing to healthier, more sustainable communities,” said District 3 Councilor Steve Novick. “At 73Foster, investments in affordable homes and clean-energy improvements come together in a community designed to support residents today and into the future. I’m pleased that the City partnered with REACH and the project team to bring these homes to Southeast Portland.”

 

In addition to providing affordable homes, 73Foster incorporates features that support resident comfort, accessibility and environmental sustainability. Amenities include a community room, an outdoor courtyard, a food pantry, laundry facilities on each floor and in-unit heat pump air conditioning. Solar panels funded through PCEF and Earth Advantage Platinum certification reflect the community’s commitment to energy efficiency and sustainability. Ten apartments meet Type A accessibility standards, representing approximately 16% of the community's 64 homes.

 

“Climate investments can make affordable housing more energy efficient while helping create healthier, more comfortable homes for residents,” said Sam Baraso, program manager for PCEF. “At 73Foster, PCEF funding supports solar energy and heat pumps in every apartment, helping residents stay warm in winter and cool in summer while keeping utility costs manageable. Projects like this demonstrate how investing in climate solutions can also support the long-term well-being of our communities.”

 

The project also supported economic opportunity during construction, with more than 35% of construction costs awarded to COBID-certified firms, including approximately 16% awarded to Minority Business Enterprises (MBEs).

 

Designed by Holst Architecture and built by Walsh Construction Co., 73Foster reflects the collaboration of public agencies, housing and service providers, community organizations and construction partners working together to expand access to affordable housing in Portland.

 

View a digital media kit here.

 

 

###

 

About REACH Community Development

Founded in 1982 by neighbors in Southeast Portland, REACH Community Development creates opportunities for all people to thrive by developing and promoting equitable access to quality, affordable homes, supportive services and community. REACH develops and owns affordable housing and partners with residents and communities to support housing stability, well-being and opportunity. Learn more at reachcdc.org.

Attached Media Files: 73Foster Ribbon Cutting, Photo Left to Right: Alicia LaManna, Walsh Construction Co.; Karen, Walsh Construction Co.; Jay Nees, Walsh Construction Co.; Margaret Salazar, REACH Community Development; Steve Novick, Portland City Councilor; Sam Baraso, Portland Clean Energy Community Benefits Fund (PCEF); Duncan Hwang, Metro Councilor; Roberto Franco, Oregon Housing and Community Services (OHCS). Photo credit: Au Nguyen,