Ordinance No. 20585 - Laserfiche WebLink

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• Eugene has a need for housing of all types, including single- family detached, single-family attached, structures with 2 to 4 units, and structures with 5 or more units. Lane County and Eugene are growing, with most growth resulting from in -migration. The County grew by 71,288 people between 1990 and 2012. About two-thirds of this growth occurred in Eugene, which grew by 45,666 people over the 22 -year period. Seventy-five percent of population growth in Lane County was the result of in -migration to the County. Eugene's adopted forecast projects that population inside the Eugene UGB will grow by about 33,778 people between 2012 and 2032. • The demographics of Eugene's population by 2032 and their corresponding housing needs will be different than they are today. The population will be, on average, older and more ethnically diverse, with the following effects on needed housing: Older households will be downsizing and demanding specialized housing products. While the majority of Eugene's older population may prefer to remain in their home as long as possible (as discussed in Table 25), some older households will choose to downsize into a smaller single-family dwelling or into a multi -family dwelling. Demand will increase for the range of senior housing, from adult retirement to assisted living to nursing homes. Echo Boomers who live in Eugene over the long-term will demand a variety of housing options. The Echo Boomers are the largest demographic group in the U.S., larger than the Baby Boomers. Echo Boomers were between 15 to 28 years old in 2010 and will be 35 to 48 years old by 2035. When they are younger, they will need more affordable housing, such as multi -family housing types. Echo Boomers who live in Eugene will include students at the University of Oregon who are living in Eugene for a few years and those who live in Eugene over the long run. Students at the University of Oregon will generally need rental housing geared towards students. As they age and form families, some Echo Boomer households will become homeowners of single-family detached housing (if they can afford to) and some may prefer to live in multi -family housing (as owners or renters). Page 106 ECONorthwest Part 11 — Eugene Housing Needs Analysis