12th Ave Terrace
1515 SW 12th Ave, Portland, OR 97201
HUD lists it as senior housing · 118 studio, 1 1BR
- Apartments
- 119
- Income-restricted
- 118
- Placed in service
- 1994
Portland, Oregon
Tax credit apartments in Portland 97201
8 properties in ZIP code 97201 with 881 income-restricted apartments, from HUD's LIHTC database. All of Portland.
Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.
LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.
Collins Circle
1730 SW Jefferson St, Portland, OR 97201
24 studio, 24 1BR, 4 2BR
- Apartments
- 124
- Income-restricted
- 52
- Placed in service
- 2000
Hamilton West Apts
1212 SW Clay St, Portland, OR 97201
129 studio, 23 1BR
- Apartments
- 152
- Income-restricted
- 152
- Placed in service
- 1999
Kafoury Commons
1240 SW Columbia St, Portland, OR 97201
87 studio, 37 1BR, 5 2BR
- Apartments
- 129
- Income-restricted
- 92
- Placed in service
- 2000
Peter Paulson Apts
1530 SW 13th Ave, Portland, OR 97201
- Apartments
- 92
- Income-restricted
- 92
- Placed in service
- 1995
Rose Schnitzer Tower
1430 SW 12th Ave, Portland, OR 97201
233 1BR, 2 2BR
- Apartments
- 235
- Income-restricted
- 235
- Placed in service
- 2009
Twelfth Avenue Terrace
1529 SW 12th Ave, Portland, OR 97201
- Apartments
- 119
- Income-restricted
- 100
- Placed in service
- 1994
Village At Lovejoy Fountain
245 SW Lincoln St, Portland, OR 97201
45 studio, 109 1BR, 44 2BR
- Apartments
- 198
- Income-restricted
- 40
- Placed in service
- 1999
Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024).
How tax credit apartments work
Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.
To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.
You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.