Low Income (LIHTC)Waitlist Closed

Hotel Alder Sro

Name: Hotel Alder Sro
Address: 415 SW Alder St, Portland, OR, 97204, US

415 SW Alder St, Portland, OR, 97204

Information verified July 8, 2026·We re-check waiting list status daily

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About This Property

Hotel Alder SRO comprises 99 studio units serving low-income residents in Portland, Oregon. The property, which entered service in 2005, is non-profit owned and financed through 9% Low-Income Housing Tax Credits. All units are designated as affordable housing.

Waitlist Information

Waitlist managed by Housing Authority of Portland (Homeforward)

Public Housing Waitlist

Closed

Opened April 15, 2025

Closed April 21, 2025

Apply: Multiple

Applications for 13 Home Forward apartment communities were accepted via an online lottery, with a selection to fill spots for the next three years. Eligibility includes meeting specific income guidelines, which vary by property. A terminal illness preference is available for applicants with a life expectancy of less than 12 months.

Last verified February 21, 2026

Section 8 (HCV) Waitlist

Closed

Apply: Online

The HCV waitlist is closed and was last opened in April 2025. Home Forward has paused issuing vouchers and cannot select any households from the HCV waitlist due to a HUD shortfall status. Applicants selected in April 2025 will be notified by the end of September 2025.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated July 8, 2026

Property Details

Total Units

Studio

Fair Market Rent - Multnomah County, OR

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$1,650
1 Bedroom	$1,776
2 Bedroom	$2,024
3 Bedroom	$2,809
4 Bedroom	$3,254

Income Limits - Multnomah County, OR

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $20,300
Very Low (50%): $33,850
Low (80%): $54,150

2 Persons

Extremely Low (30%): $23,200
Very Low (50%): $38,700
Low (80%): $61,900

3 Persons

Extremely Low (30%): $26,100
Very Low (50%): $43,550
Low (80%): $69,650

4 Persons

Extremely Low (30%): $29,000
Very Low (50%): $48,350
Low (80%): $77,350

5 Persons

Extremely Low (30%): $31,350
Very Low (50%): $52,250
Low (80%): $83,550

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $56,100
Low (80%): $89,750

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $60,000
Low (80%): $95,950

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $63,850
Low (80%): $102,150

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$20,300	$33,850	$54,150
2 Persons	$23,200	$38,700	$61,900
3 Persons	$26,100	$43,550	$69,650
4 Persons	$29,000	$48,350	$77,350
5 Persons	$31,350	$52,250	$83,550
6 Persons	$35,580	$56,100	$89,750
7 Persons	$40,120	$60,000	$95,950
8 Persons	$44,660	$63,850	$102,150

Tax Credit Program Details

Year Placed in Service

2005

LIHTC Credit Type

Low-Income Units

99 / 99

Designations

Non-ProfitQualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Portland, OR?+

The Fair Market Rent (FMR) for Multnomah County, OR is: $1650 (Studio), $1776 (1BR), $2024 (2BR), $2809 (3BR), $3254 (4BR). Actual rent at subsidized properties like Hotel Alder Sro is typically 30% of household income or less.

What size apartments are available at Hotel Alder Sro?+

Hotel Alder Sro offers the following unit types: 99 Studio units, for a total of 99 units.

Who manages Hotel Alder Sro?+

Hotel Alder Sro is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Hotel Alder Sro?+

Hotel Alder Sro is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

What are the income limits for affordable housing in Multnomah County, OR?+

For a 4-person household in Multnomah County, OR, the income limits are: Extremely Low Income (30% AMI): $29,000, Very Low Income (50% AMI): $48,350, Low Income (80% AMI): $77,350. These limits are set by HUD and updated annually.

Is there a waitlist for Hotel Alder Sro?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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