Portland awarded $6 million to construct all wood affordable housing unit

From The Framework Project: Home Forward, project, and the Framework team announced today that it has been awarded $6 million to develop 60 units of affordable housing in what will be the first high-rise structure in the U.S. made from wood and the first earthquake-resilient building of its kind in America.

The funding award came through the Portland Housing Bureau’s Fast Starts program — a city initiative designed to get shovel-ready affordable housing units built as quickly as possible to react to our city’s housing crisis.

“By investing in Framework, our city will now be home to the first skyscraper made from wood in the United States,” Portland Mayor Ted Wheeler said in a statement released Tuesday. “This project not only reflects Oregon’s leadership in the newly emerging wood products industry of Cross Laminated Timber (CLT), it also demonstrates our city’s commitment to finding innovative ways to quickly deliver affordable units during our housing crisis.”

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