Eugene
A recent two-year review of City’s Affordable Housing Trust Fund highlights the outcomes achieved through Eugene’s Construction Excise Tax and the programs it funds
Eugene, OR – City officials released a statement saying, that in 2019, the City Council established Eugene’s CET as a dedicated revenue stream for the AHTF, collecting 0.5% on the construction of new structures and additions to existing structures in Eugene.
Over the past three years, the CET has generated $3.3 million for local Affordable Housing developments and services.
The City has also contributed $2 million to the AHTF.
Since its creation, the AHTF has supported outcomes to increase affordable housing options for lower-income community members.
These efforts align with City housing goals outlined in the Housing Implementation Pipeline, a framework adopted by the City Council in 2022.
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