Ordinance No. 20585 - Laserfiche WebLink

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6. 2012 Residential Land Supply Conclusions The next step is to combine the analysis from Parts I, II, and III of this Study to identify whether the City's baseline, 2012 residential land supply can accommodate the projected demands on residential land for the next 20 years if Eugene continues to develop according to recent trends and existing codes and programs. If the City has a deficit in residential land, the City is required by State law to take actions to accommodate the entire 20 year residential land demand. Additionally, there are employment uses that occur on residential land such as home businesses and neighborhood commercial. Similar to public uses, the City must account for the housing capacity that employment uses displace on residential land. Part II of the Employment Land Supply Study12 documents the demand for employment uses on residential lands which are as follows: • Six acres of Low Density Residential land • Six acres of Medium Density Residential land • Six acres of High Density Residential land Based on the analysis in the preceding three parts of the Residential Land Study and the employment need on residential land identified above, as shown in Table 3 the City has: • A deficit of about 133 acres of Low Density Residential land • A surplus of about 109 acres of Medium Density Residential land • A deficit of about 91 acres of High Density Residential land 12 See the Envision Eugene Employment Land Study, section 6.1.2 of Part II Economic Opportunities Analysis. Residential Land Supply Study I Final Part III — Page 6