hollywoodHUB is Portland’s newest 12-story tower rising over the Hollywood MAX station—222 permanently affordable apartments, including 32 three-bedroom units. The deepest affordable units are capped at $37,250 or less per year for a family of 4 (30% area median income), with subsidies like Project-Based Section 8 helping even lower-income families qualify. Residents will live across from Trader Joe’s and 24 Hour Fitness, steps from MAX, and blocks from Providence Hospital, the library, and Hollywood Theatre.
Full in-depth analysis with market data and what 30% AMI really means:
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About the Author — Abdur Abdul‑Malik, SRA, ASA
Abdur Abdul‑Malik is the founder, author, and publisher of the Portland Appraisal Blog, where he produces original regional and neighborhood‑level housing analytics for the Portland Region. He is a certified residential appraiser serving Oregon and Washington, drawing on RMLS transaction data, public records, and custom segmentation models he has built.
He developed the Portland Appraisal Blog Affordability Index (PABAI), a payment‑based affordability metric built from actual RMLS sales. PABAI incorporates weekly updates based on the prevailing 30‑year fixed mortgage rate, providing a locally grounded measure of housing affordability across the region.
Learn more → PABAI explainer • mortgage rate series • full author bio
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