Ordinance No. 20585 - Laserfiche WebLink

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Planning for Residential Growth guidebook, published by the Oregon Transportation and Growth Management Program (1996). Where appropriate, the analysis uses "safe harbor' provisions found in OAR 660- 024. The primary goals of the HNA are to: Project the amount of land needed to accommodate the city's future housing needs of all types. 2. Identify Eugene's future needed housing density and mix based on technical analysis and input through Envision Eugene. 3. Evaluate the existing residential land supply within the Eugene UGB to determine if it is adequate to meet that need. 4. Fulfill state planning requirements for a twenty-year supply of residential land. 5. Meet the requirements of House Bill 3337. 1.1 Framework for a Housing Needs Analysis Economists view housing as a bundle of services for which people are willing to pay. Those services include shelter certainly, but also proximity to other attractions (jobs, shopping, recreation), amenity (type and quality of fixtures and appliances, landscaping, views), prestige, and access to public services (quality of schools). Because it is impossible to maximize all these services and simultaneously minimize costs, households must, and do, make tradeoffs. What they can get for their money is influenced by both economic forces and government policy. Moreover, different households will value what they can get differently. They will have different preferences, which in turn are a function of many factors like income, age of household head, number of people and children in the household, number of workers and job locations, number of automobiles, and so on. Thus, housing choices of individual households are influenced in complex ways by dozens of factors; and the housing market in Lane County and Eugene are the result of the individual decisions of thousands of households. These points suggest the difficulties of projecting what types of housing will be built between 2012 and 2032. The complexity of a housing market is a reality, but it does not obviate the need for some type of forecast of future housing demand and need, and for an assessment of the implications of that forecast for land demand and consumption. Such forecasts are inherently uncertain. Their usefulness for public policy often derives more from the explanation of their underlying Page 8 ECONorthwest Part 11 — Eugene Housing Needs Analysis