EAH Housing Expands Into the Pacific Northwest

EAH Housing has announced plans to acquire a portfolio of 19 affordable housing communities from Catholic Charities of Oregon, expanding our work into the Pacific Northwest for the first time. The communities include family, senior, and supportive housing, and together they represent more than 1,000 homes across Portland, Eugene, Sandy, Happy Valley, and other Oregon cities.

“For nearly 60 years, EAH Housing has been guided by a simple belief: that affordable housing is the foundation of healthy, thriving communities,” said Laura Hall, president and CEO of EAH Housing. “The Pacific Northwest is facing a housing affordability crisis that demands urgency and long-term commitment. Families and seniors across Oregon are being priced out of the communities they call home, and the need for stable, well-managed affordable housing has never been greater. This expansion is a natural extension of our mission, and we look forward to listening to and learning from Oregon residents and partners as we build our presence in this region.”

For Catholic Charities of Oregon, the transition allows the organization to focus its resources on direct services, and it plans to continue providing supportive services to residents in partnership with us. “Catholic Charities got into affordable housing to serve people. That purpose has not changed,” said Kaleen Deatherage, CEO of Catholic Charities of Oregon. She added that the transition allows the properties “to remain in the hands of a nonprofit deeply committed to affordable housing.”

Guardian Real Estate Services will continue managing the properties after the ownership transition. The two organizations have worked together on the transaction since the beginning of the year. Purchase and sale agreements are in place, with financial closings and property transfers occurring on a rolling basis as regulatory approvals are received. The full transaction is expected to be complete in the second quarter of 2027.

EAH Housing is one of the largest nonprofit affordable housing developers and managers in the West, serving more than 25,000 people across more than 240 communities in California and Hawaiʻi.

In the News

The Registry: EAH Housing to Buy Catholic Charities of Oregon’s 19-Property Caritas Housing Portfolio for $30MM
Hoodline: California Nonprofit to Acquire 1,000-Plus Oregon Affordable Homes in $30M Deal
Portland Business Journal: California group acquires nonprofit’s Oregon housing portfolio
Affordable Housing Finance: EAH Housing Expands Into the Pacific Northwest With Portfolio Acquisition
The Oregonian: California buyer to scoop up 19 Oregon affordable housing properties