Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Village At Lovejoy Fountain

245 SW Lincoln St, Portland, OR, 97201

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Village At Lovejoy Fountain comprises 198 units in Portland, Oregon, including 40 low-income units designated for families. The property offers a mix of studio, one-bedroom, and two-bedroom floor plans, with 45 studios, 109 one-bedrooms, and 44 two-bedrooms available. Placed in service in 1999, the community utilizes 4% Low-Income Housing Tax Credit financing and tax-exempt bonds.

Waitlist Information

Waitlist managed by Housing Authority of Portland (Homeforward)

Public Housing Waitlist
Closed

Waitlists for 13 Home Forward apartment communities last opened from April 15-21, 2025, accepting online and mail applications via a lottery system. A terminal illness preference applies.

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 households from the HCV waitlist due to a HUD-determined shortfall status for 2025.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
198
Studio
45
1 Bedroom
109
2 Bedroom
44

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.

BedroomsFMR
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

Tax Credit Program Details

Year Placed in Service
1999
LIHTC Credit Type
4%
Low-Income Units
40 / 198
Target Population
Families
Funding Programs
Tax-Exempt Bond

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 Village At Lovejoy Fountain is typically 30% of household income or less.

What size apartments are available at Village At Lovejoy Fountain?+

Village At Lovejoy Fountain offers the following unit types: 45 Studio, 109 One-Bedroom, 44 Two-Bedroom units, for a total of 198 units.

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 Village At Lovejoy Fountain?+

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.

How do I apply for housing at Village At Lovejoy Fountain?+

Village At Lovejoy Fountain 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.

Who is eligible to live at Village At Lovejoy Fountain?+

Village At Lovejoy Fountain primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What is the price range for apartments in Portland, OR?+

Based on Fair Market Rent for Multnomah County, the estimated price range is: 1-bedroom: $1776, 2-bedroom: $2024. Actual rent at Village At Lovejoy Fountain may be lower for income-eligible households.

Who manages Village At Lovejoy Fountain?+

Village At Lovejoy Fountain is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Walker's Paradise

95
Walk
88
Transit
87
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Multnomah County, OR

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Housing Resources in Portland, OR

HUD-Approved Counseling Agencies

AFRICAN AMERICAN ALLIANCE FOR HOMEOWNERSHIP, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

HACIENDA COMMUNITY DEVELOPMENT CORPORATION

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

MONEY MANAGEMENT INTERNATIONAL - PORTLAND BRANCH

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingFinancial Management/Budget Counseling