Harbor Terrace
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Harbor Terrace is undergoing a major rehabilitation that will improve the overall quality of life of our residents while reducing reliance on fossil fuels and overall energy consumption. Rehab work includes:
Replacement of the brick exterior with a new airtight insulated material
Installation of more energy-efficient windows
Installation of energy-efficient, all-in-one heating/cooling/ventilation units in each apartment
Conversion of additional units to improve accessibility
New cabinets and kitchen counters
New resident amenities including indoor bike storage, a craft room, and exercise room
Development of a new pedestrian plaza in front of the building
Installation of a bus shelter and electric vehicle (EV) chargers
Improved landscaping and exterior lighting
Sample Floor Plans
Project Timeline
October 2021
City of Portland Planning Approval
December 2021
MaineHousing LIHTC Application Submission
September 2022
MaineHousing LIHTC Application Approval
December 2022
HUD Approval
September 2023
MaineHousing Financing Approval
September 2023
Construction Start
Summer 2025
Construction Complete
Community Benefits
Energy Efficiency
Several energy efficiency measures including a new air sealed insulated exterior, new windows, modernized mechanical systems, and low flow water fixtures will help reduce the energy consumption of this property by up to 30% and a reduction of greenhouse gas emissions by 26%.
Accessibility
Interior renovations of Harbor Terrace units allows for an increase in fully accessible or accessible-convertible units from 8 to 24, and increased accessibility for the remaining 96 units.
Outdoor Amenities
The proposed project includes a new pedestrian plaza along Danforth Street, a new covered bus shelter, smoker shelter, and Level 2 EV chargers.
Affordable Housing
At a time when Portland needs affordable housing more than ever, this project will preserve 120 restricted homes for low-income households.
Fair Housing
Harbor Terrace will implement the Fair Housing Act's statutory mandate to affirmatively further fair housing (AFFH) by proactively taking action to overcome patterns of segregation, promote fair housing choice, eliminate disparities in opportunities, and foster inclusive communities free from discrimination.
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