The Vera Apartments

2095 Southwest River Parkway, Portland, Oregon 97201

The Vera (RiverPlace Parcel 3) Apartments will offer 203 units of affordable housing consisting of one-, two-, and three-bedroom apartments. Property amenities include a playground and landscaped courtyard, two laundry rooms, a community room with kitchen and community spaces, resident services office with adjacent conference area and a community classroom. The Vera is anticipated to complete construction in summer 2019.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 465 From $872
1 Bedroom (1/1) 561 From $923
2 Bedroom (2/1) 809 From $1,105
3 Bedroom (3/1) - Call for Price

This property is currently under construction.

Anticipated to complete construction in summer 2019.

Eligibility for The Vera Apartments

The Vera Apartments Details

  • 203 studio, one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Playground
  • Community Room
  • On-Site Parking
  • Bicycle Storage
  • Laundry Facilities
  • Courtyard
  • Laundry Facility
  • Community Kitchen

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Carpet
  • Refrigerator
  • Energy-Efficient Lighting and Windows

Nearby Amenities

  • Close to Public Transportation

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Images of The Vera Apartments
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