Altura is the latest affordable apartment community to be completed in Beaverton with Metro affordable housing bond funds. The complex is located in the newly-incorporated South Cooper Mountain area of Southwest Beaverton — a part of the city that historically has not had any income-based housing options. It was designed by Salazar Architect and developed by BRIDGE Housing Corporation, with resident services by Impact NW.
The development includes 29 one-bedroom, 39 two-bedroom and 7 three-bedroom apartments. Fourteen of these are reserved for households with incomes at or below 30% of area median income ($35,400 for a household of four), with the remainder for households with incomes between 31-60% of the area median income ($70,800 for a household of four).
Altura is located across the street from Mountainside High School and a short distance from Metro's Cooper Mountain Nature Park. Amity Orchards, another development built in part with funds from Metro's housing bond, is around the corner. Retail and grocery stores can also be found nearby.
Washington County, the City of Beaverton, Metro and other project partners celebrated Altura’s completion last week with an opening event in the complex’s community room. Addressing the crowd, resident Lisa Weaver reflected on her positive experience thus far in the new apartment complex. “The management staff here is amazing,” she said, “the resources that BRIDGE Housing is providing are so definitely above and beyond anything I think I could have expected.”
Metro’s voter-approved affordable housing bond contributed $12 million to Altura’s $40.7 million in construction costs. The bond funding has been used to create over 2,200 completed homes, with more than 2,900 in production.