Low Income (LIHTC)Waitlist Closed

Twelfth Avenue Terrace

1529 SW 12th Ave, Portland, OR, 97201

Information verified October 22, 2026·We re-check waiting list status daily

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About This Property

Twelfth Avenue Terrace is an affordable housing community in Portland, OR with 118 units. The property is managed for residents seeking housing options in Multnomah County. For more information about availability and leasing, contact the property management office.

Waitlist Information

Waitlist managed by Housing Authority of Portland (Homeforward)

Public Housing Waitlist

Closed

Opened September 9, 2026

Closed September 21, 2026

Apply: Online

Applications for project-based waitlists are selected via a random lottery. Households must earn less than 50% of the Area Median Income (AMI), and meet other eligibility requirements.

Last verified July 18, 2026

Section 8 (HCV) Waitlist

Closed

The waitlist was last opened in April 2025. Applicants from that period will be notified by the end of September 2025. Status can be checked on the Rent Café portal.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated October 22, 2026

Property Details

Total Units

118

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

8888

Low-Income Units

0 / 118

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 Twelfth Avenue Terrace is typically 30% of household income or less.

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.

How do I apply for housing at Twelfth Avenue Terrace?+

Twelfth Avenue Terrace is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.

Who manages Twelfth Avenue Terrace?+

Twelfth Avenue Terrace is managed by . You can reach them at .

Is there a waitlist for Twelfth Avenue Terrace?+

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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