PORTLAND, Ore. — Following a Wednesday morning vote by city commissioners, Portland’s inventory of affordable housing is officially on track to get a historic boost in 2019, with the scheduled completion of Block 45 in the heart of Portland’s Lloyd District.

The 240-unit, 12-story complex will be built on an already city-owned vacant lot at Northeast Grand Avenue and Hassalo Street, and it marks Portland’s largest investment in affordable housing landscape in the last 50 years, said Michael Cox, spokesman for Mayor Ted Wheeler.

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