Next year, Mercy Housing Northwest and REACH Community Development will open a brand new 81-apartment home community near the Elmonica MAX Station in Beaverton.

“People talk with me about the need for more affordable housing in Beaverton and every corner of NW Oregon,” said U.S. Congresswoman Suzanne Bonamici (OR-1), who spoke at the groundbreaking celebration. “Elmonica Station is a great example of how local governments and developers can work together to build housing that addresses the needs of the community, particularly for low-income families and workers who are most burdened by the persistent housing shortage.”

Next Stop. Beaverton in 2026

Elmonica Station will provide deeply affordable housing for Beaverton and the surrounding region, supporting families with low and extremely low incomes, at 60% of the area median income (AMI) and 30% of the AMI. The community, managed by Mercy Housing Northwest, will feature a mix of studio, one-, two-, and three-bedroom apartments. Designed and created through community input, on-site amenities will include community rooms, outdoor play and gardening spaces, laundry rooms on all residential floors, a food pantry, and in-unit mini-split air conditioning. Onsite resident services will be provided by Bienestar, a Latinx affordable housing developer and resident services provider with deep roots in Washington County.

“Today’s groundbreaking represents years of collaborative effort to provide affordable housing for those who need it most,” said Margaret Salazar, CEO of REACH Community Development. “Elmonica Station will be a beacon of opportunity and stability for families in Beaverton. We’re grateful to our partners and the community for making this vision a reality.”

The $51.8 million project is being funded through a mix of public and private funding, including a 4% Low-Income Housing Tax Credit from the U.S. Treasury and Oregon Housing and Community Services, Metro’s Affordable Housing Bond, Washington County’s Housing Opportunity Production Fund and HOME funds, including eight project-based vouchers that will provide residents with extremely low incomes, some of whom are transitioning from homelessness. The City of Beaverton also contributed funding provided by the American Rescue Plan Act (ARPA) federal economic stimulus program.

“Mercy Housing Northwest prides itself on developing strong partnerships. As we continue to expand into the Oregon market, we look to well-established and committed organizations like REACH Community Development,” said Joe Thompson, President of Mercy Housing Northwest. “We find ourselves humbled by the wonderful neighbors, community members, organizations, and officials from all levels of government who have rallied around this community and are helping bring it to life.”