Laserfiche WebLink
<br /> <br />ECC <br />UGENE ITY OUNCIL <br />AIS <br />GENDA TEM UMMARY <br /> <br /> <br /> <br /> <br />Work Session: Envision Eugene - Housing Mix and Industrial Lands <br /> <br />Meeting Date: September 28, 2011 Agenda Item Number: A <br />Department: Planning and Development Staff Contact: Lisa Gardner <br /> Contact Telephone Number: 541-682-5208 <br /> <br /> <br /> <br />ISSUE STATEMENT <br /> <br />This work session provides an opportunity to discuss Eugene’s future mix of single-family and multi- <br />family homes to be planned for over the next 20 years. Information on potential expansion areas for <br />industrial land will also be discussed. <br /> <br /> <br />BACKGROUND <br /> <br />Housing Mix <br />Eugene’s total projected housing demand of 15,000 new homes is based on the population forecast of <br />34,000 additional residents over the next 20 years. The housing demand must be further refined to <br />estimate how many of those 15,000 homes should be planned as single-family housing and how many <br />should be planned as multi-family housing. This is what is referred to as the future housing mix. It <br />should be noted that for the purposes of this discussion, the multi-family category includes attached <br />housing types such as duplexes and row houses, as well as apartments and condominiums. <br /> <br />Staff has received input from several groups regarding housing mix and considered reports, studies <br />and research. While there are arguments to be made for each end of the housing mix spectrum, the <br />following are notable points regarding housing affordability, trends and community values that will be <br />presented for discussion. <br /> <br />Housing Affordability- <br />A housing affordability analysis conducted by ECONorthwest has shown that Eugene has a deficit of <br />housing for low and some moderate income levels. This analysis uses a base assumption that <br />households should pay no more than the U.S. Department of Housing and Urban Development <br />recommended 30 percent of income on mortgage costs or rent plus utility costs. The analysis <br />specifically shows that in 2008, Eugene had a need for an additional 9,000 units that would be <br />affordable to households with an annual income of $25,000 or less. <br /> <br />Analysis also shows that households with lower incomes are more likely to live in multi-family <br />housing than those households with higher incomes. To that point, in 2000, 60 percent of households <br />earning less than $17,500 lived in multi-family housing types compared to 80 percent of households <br />earning more than $45,000 that lived in single-family housing. However, there is also information that <br />points to the fact that, due to high construction costs, it may not be feasible to build new, unsubsidized <br />multi-family housing that is affordable to the lower income levels. <br /> <br /> S:\CMO\2011 Council Agendas\M110928\S110928A.doc <br />