Community snapshot
Location:
North Portland
(University Park neighborhood)
Homes available:
50 total; see unit mix
Bedrooms:
2, 3, and 4
Home type:
Attached
Parking:
Dedicated space
Expected completion:
2028-29
Pricing: Habitat home pricing is based on household income and affordability guidelines. For more information, see the Financial information section below.
About this community
Located in North Portland’s University Park neighborhood, True North offers affordable homeownership in a peaceful area with easy access to parks, schools, shopping, and transit. This community combines a quiet neighborhood feel with easy access to the greater Portland area.
More community details
University Park is known for its tree-lined streets, proximity to Columbia Park and the University of Portland, and easy access to the shops and services of St. Johns and Kenton. Residents will enjoy five common areas that will be developed with playgrounds, community gardens, and picnic or gathering areas.
The True North community is part of the City of Portland’s N/NE Housing Strategy, which prioritizes homeownership opportunities for households with historical ties to North and Northeast Portland. All the homes at True North will be built for lasting affordability. This allows homeowners to continue building equity in their homes, while ensuring that the homes are affordable to the next buyers.
All renderings/images shown are for illustration purposes only.
Home & neighborhood details
Home features:
• Earth Advantage Platinum energy efficiency certification on all units
• 1 dedicated parking space for each home, plus neighborhood parking for guests
Schools:
• Astor K-8 School
• Roosevelt High School
Transit:
• Bus #75
• Bus #35
• Bus #44
Nearby:
• Columbia Park – 1.4 miles
• University of Portland – 0.7 miles
• N Lombard Fred Meyer – 0.3 miles
• Kenton neighborhood – 0.8 miles
| Unit Mix | 2 beds | 3 beds | 4 beds |
| 1 story (ADA Ready) | 1 | 1 | – |
| 2 story | 19 | 18 | 11 |
| 50 total: | 20 | 19 | 11 |
Financial information
Habitat home pricing is based on household income and affordability guidelines.
Habitat requires our homebuyers to finance the purchase of their home with a mortgage from an approved lender. This means that buyers will need to meet the underwriting requirements of the lender of choice including credit and reserve requirements.
Each neighborhood will have a mix of units available to buyers at different income levels. Depending on the buyer’s income at the time of purchase, any portion of the projected purchase price that is not covered by the mortgage, cash down payment and/or down payment assistance will be provided by Habitat.
The housing payment will vary between buyers. Your monthly payment will be based on your income and household size. Homebuyers must show that they can afford this payment without being cost-burdened (defined as spending more than 30-34% for your gross income for housing).
All the homes will be permanently affordable, allowing Habitat homeowners to build equity in their homes, while ensuring that the homes are affordable to the next buyer. This guarantees affordable neighborhoods in the future.
Availability
These homes are not yet under construction and will be open for applications at a later date. Homes in this community will only be available to buyers who are part of the City of Portland’s North/Northeast Preference Policy. Please reach out to the Portland Housing Bureau for questions about the preference policy.
Please join our mailing list to hear when we open our next round of applications for future communities.