


Affordable Homes Rooted in Compassion and Collaboration
Gussie Belle Commons Phase I will be a 120-unit affordable housing community located in Salem’s Northeast neighborhood. Developed for families and individuals earning 30-60% of the area median income (AMI), the project will take a significant step forward in addressing Oregon’s critical need for quality, accessible housing.
Named in honor of Gussie Belle Brown, a cherished Salem leader known for her compassion and dedication to serving others, this development will represent a collaborative effort between Green Light Development, Home First Development, and Seed of Faith Ministries. Adjacent to the site, Seed of Faith’s Community Recovery and Wellness Living (CRAWL) program will provide residents with access to housing support, a shelter, a food bank, financial literacy programs, and more—creating pathways for growth and recovery.
The $45 million project will be made possible through a combination of public and private funding. It will receive $17.9 million in Local Innovation Fast Track (LIFT) funds from Oregon Housing and Community Services (OHCS), $17.8 million in low-income housing tax credit (LIHTC) equity from investment partners CREA and Aetna, and additional support from the City of Salem and Salem Housing Authority. Construction and permanent debt financing will be provided by KeyBank.
739 23rd St. NE
Salem, OR
GLD Role:
Sponsor
COMPLETION:
2026
SIZE:
120 Affordable Homes
125,782 Bldg SF
273,122 Land SF
PARTNERS:
Gussie Belle Commons
Gussie Belle Commons
739 23rd St. NE. Salem, OR
SIZE:
120 Affordable Homes
125,782 Bldg SF / 273,122 Land SF
PARTNERS:
Seed of Faith, MWVCA, Home First, OHCS, CREA, KeyBank, City of Salem, Beaudin, Polyphon, M-Group, Rubitone Development, Humber Design, Laurus Design, Tabor Design, Salem Housing Authority
GLD ROLE:
Sponsor
COMPLETION:
2026
GLD ROLE:
Sponsor
SIZE:
120 Affordable Homes
125,782 Bldg SF
273,122 Land SF
PARTNERS:
Seed of Faith
MWVCA
Home First Development
OHCS
CREA / Aetna
KeyBank
City of Salem
Salem Housing Authority
Beaudin Construction
Polyphon Architecture
Rubitone Development
M-Group Engineering
Humber Design Group
Laurus Designs
Tabor Design Group
COMPLETION:
2026
Affordable Homes Rooted in Compassion and Collaboration
Gussie Belle Commons Phase I will be a 120-unit affordable housing community located in Salem’s Northeast neighborhood. Developed for families and individuals earning 30-60% of the area median income (AMI), the project will take a significant step forward in addressing Oregon’s critical need for quality, accessible housing.
Affordable Homes Rooted in Compassion and Collaboration
Gussie Belle Commons Phase I will be a 120-unit affordable housing community located in Salem’s Northeast neighborhood. Developed for families and individuals earning 30-60% of the area median income (AMI), the project will take a significant step forward in addressing Oregon’s critical need for quality, accessible housing.
Named in honor of Gussie Belle Brown, a cherished Salem leader known for her compassion and dedication to serving others, this development will represent a collaborative effort between Green Light Development, Home First Development, and Seed of Faith Ministries. Adjacent to the site, Seed of Faith’s Community Recovery and Wellness Living (CRAWL) program will provide residents with access to housing support, a shelter, a food bank, financial literacy programs, and more—creating pathways for growth and recovery.