PORTLAND – Bayside Anchor, a 42-unit prefab multifamily housing proposal designed to Passive House (ultra-low energy) standards has captured the top prize in the Lowering the Cost of Housing Competition. Bayside Anchor has been awarded $250,000 in program-related investment (PRI). Bayside Anchor sponsor, Portland Housing Development Corporation (PHDC), was also awarded a $25,000 prize to support work that will create a lifecycle underwriting tool that will enable developers, policy makers and financiers to better understand the implications of choices made during the development process. The Bayside team is comprised of Avesta Housing, Wright-Ryan Construction, Kaplan Thompson Architects, Maine Affordable Housing Coalition and PHDC, an affiliate of the Portland Housing Authority. Click here for the full article.