Connect with us

Eugene

The City of Eugene recently allocated over $1.2 million in City Fee Assistance and System Development Charge Exemptions to support the construction of four upcoming affordable housing developments

Published

on

Eugene, OR – According to the city officials, these developments aim to provide a total of 156 homes catering to lower-income households within the community.

The financial support provided by the city will either waive or cover fees associated with construction, including those linked to existing and planned public infrastructure as well as building permits.

By alleviating these costs, the initiative aims to make the development process more financially feasible for the organizations behind the projects.

The selected developments encompass a variety of housing options, ranging from homeownership opportunities to cooperative and rental housing. These initiatives target households with incomes at or below 60% of the area median income (AMI) for rental housing and 80% of AMI for ownership housing. For instance, for a family of four, this corresponds to an annual household income below $53,460 (60% AMI) or $71,300 (80% AMI).

The funds have been allocated to the following projects:

1. Rosa Village: This project, led by SquareOne Villages, will introduce 52 units of cooperative rental housing on Roosevelt Boulevard.

2. Floral Hill: DevNW’s initiative will bring 36 new affordable homes for ownership to Floral Hill Drive, utilizing a Community Land Trust (CLT) model to maintain long-term affordability.

3. The Lucy: Cornerstone Community Housing’s endeavor will add 36 new units of rental housing on Hunsaker Lane.

4. Park Run: Guardian’s mixed-income development on Garden Way will include 32 new units of rental housing.

You may also like…

Eugene2 days ago

Motorcyclist dies in crash during memorial ride on River Road in Eugene

Eugene, OR – A motorcyclist participating in a memorial ride was killed in a crash with a vehicle on the morning...

Eugene2 days ago

Eugene Springfield Fire celebrates retirement of firefighter after 22 years of service

Eugene, OR – Eugene Springfield Fire honored the retirement of Firefighter Gene Revier after an impressive 22 years of dedicated...

Eugene2 days ago

Eugene mayor Knudson welcomes youth delegation from Kakegawa, Japan, marking the return of cultural exchange program

Eugene, OR – Mayor Kaarin Knudson greeted a youth delegation from Eugene’s Sister City of Kakegawa, Japan. The delegation’s four-day...

Eugene2 days ago

65-year-old woman arrested on charges of murder in the second degree after 63-year-old man dies from stab wounds

Eugene, OR – On March 29, at 6:59 p.m., Eugene Police responded to a stabbing incident at a residence in the...

Crime & Safety4 days ago

Child was obligated to put on an eIectric coIIar, which was used repeatedly, and keep it on at all times while at home so her parent could use it as discipIine whenever the child’s behavior displeased her; charges

New Jersey – ​In New Jersey, a disturbing case of child abuse has come to light, resulting in the arrest...

Oregon5 days ago

Oregon Senate Committee discusses Senate Bill 829 to provide financial relief for affordable housing and shelter providers facing insurance rate hikes

Oregon – Members of the Senate Committee on Housing and Development convened to hear testimony for Senate Bill 829, introduced...

Oregon5 days ago

ODFW deploys nets in Wallowa Lake to monitor fish population and assess lake trout impact

Oregon – The Oregon Department of Fish and Wildlife has begun deploying large nets in Wallowa Lake as part of...

Eugene7 days ago

Eugene city officials to welcome youth delegation from Japan’s Kakegawa for four-day visit

Eugene, OR – A youth delegation from Kakegawa, Japan, Eugene’s Sister City, will arrive on Thursday, March 27, for a...

Eugene7 days ago

Friends of Eugene Public Library hosting annual benefit book sale in April

Eugene, OR – The Friends of Eugene Public Library will host their annual two-day book sale on Saturday, April 12,...

Eugene7 days ago

Eugene police detain four after shots fired in Barger area, investigation ongoing

Eugene, OR – Eugene Police officers responded to a reported dispute in the 2100 block of Amirante Street at 12:25 a.m....

Eugene7 days ago

Emergency crews rescue trapped driver after crash at Park and Northwest Expressway

Eugene, OR – Eugene Springfield Fire responded to a motor vehicle accident at Park and Northwest Expressway just after 2:30...

Trending