City of Eugene, OR

01/07/2025 | Press release | Distributed by Public on 01/07/2025 16:23

City of Eugene Invites Proposals for New Affordable Housing

The City of Eugene is seeking proposals for the creation of new affordable housing to be funded by $709,879 from the Affordable Housing Trust Fund (AHTF). The AHTF supports the development of housing affordable to low- and moderate-income residents in Eugene. Applications are open now, with a submission deadline of March 5, 2025.

About the Affordable Housing Trust Fund

The AHTF is funded by a 0.5% construction excise tax on new construction in Eugene and a contribution from the City's General Fund. Since its inception, the fund has supported affordable housing developments that address local housing needs. In 2024, the City invested $1 million in three developments:

  • Rosa Village: 52 cooperative-ownership homes by SquareOne Villages.
  • The Lucy: 36 rental homes by Cornerstone Community Housing.
  • Williams Place: 10 transitional apartments for veterans, by St. Vincent de Paul.

Available Funding and Priorities

This year, $709,879 is available through the Request for Proposals (RFP). Proposed rental or home-ownership developments should:

  • Be located in Eugene city limits;
  • Include at least 4 dwellings;
  • Meet affordability and other criteria outlined in the application; and
  • Submit a letter of interest by February 5 and a complete application by March 5.

Preference will be given to developments that:

  • provide accessible housing for people with mobility and sensory challenges,
  • demonstrate innovation through project design, financing, or management structure,
  • are in areas underserved by Affordable Housing, and
  • serve populations disproportionately impacted by housing cost burden and historically excluded from housing opportunities.

The full list of award criteria, priorities, and detailed application instructions can be found in the RFP available on the AHTF website.

Proposals will be reviewed, scored, and ranked by community representatives on Affordable Housing Trust Fund Advisory Committee. Recommendations will be presented to the Eugene City Council for final funding decisions.

For more information on the RFP process, visit the AHTF website.

For more City updates visit our City Newsroom webpage.