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Downtown neighborhood. Ten units would be targeted to homeless veterans. HACSA has an <br />Option to Lease the property for 99 -years from Lane County. The one and two-bedroom <br />apartments would be for households earning less than 60 percent of AMI. If HOME funds are <br />approved, HACSA plans to seek Low -Income Housing Tax Credits from the state in 2018 to <br />complete the project financing. Please see Attachment C for a map, image and additional <br />information about the proposed site. <br />Delta Court Village- Cornerstone Community Housing requested $549,022 to build 22 new <br />affordable housing units at 850 and 870 Hunsaker Lane in the Santa Clara neighborhood. This site <br />is already owned by Cornerstone. Cornerstone received HOME funds in December 2015 for <br />purchase of the site that is partially developed with eight units. The one, two and three-bedroom <br />units would be for households earning less than 60 percent of AMI. If HOME funds are approved, <br />Cornerstone plans to seek Low -Income Housing Tax Credits from the state in 2018 in order to <br />complete the project financing. Please see Attachment D for a map, image and additional <br />information about the proposed project. <br />Adams Crossing - Liberty Housing Group LLC requested $638,702 to acquire and rehabilitate a <br />12 -unit apartment building at 932 W. 7th Avenue in the Jefferson Westside neighborhood. The <br />studio, one and two-bedroom apartments would be targeted to low-income veterans as existing <br />residents move out. Please see Attachment E for a map, image and additional information about <br />the proposed site. <br />Evaluation Committee Recommendation <br />The Market District Commons proposal had the highest score, Delta Court Village had second <br />highest, and Adams Crossing had the third highest scores. There is sufficient HOME funding for <br />Market District Commons and Delta Court Village. While the Adams Crossing proposal met most <br />criteria, it affects a smaller number of units than the other two projects. The proposed projects <br />expand housing opportunities for special needs populations specifically identified in the <br />Consolidated Plan as groups with significant unmet needs. The projects could not proceed without <br />the requested HOME funds. <br />The next step is for City Council to consider the projects for HOME funding. If the Council approves <br />the recommended project proposals, final funding decisions and project prioritization will be <br />made by the HOME Consortium Governing Board at a public meeting to be held on February 22. <br />RELATED CITY POLICIES <br />In addition to the Eugene -Springfield 2010 Consolidated Plan, the proposed projects also advance <br />goals established in other local plans and policies. These include the Residential Land Use and <br />Housing Element of the Metropolitan Area General Plan, Eugene City Council Adopted Growth <br />Management Policies, the Diversity and Equity Strategic Plan, the Lane County Ten Year Plan to <br />End Chronic Homelessness, Housing Dispersal Policy, and the Lane County Continuum of Care <br />Plan. The proposed uses of funds also specifically support affordable housing goals set forth in the <br />Envision Eugene pillars. <br />The Market District Commons proposal also furthers goals of the 2004 Downtown Plan. The 2004 <br />Downtown Plan dedicates a full chapter to the needs of housing in the city center. "Housing is <br />January 22, 2018, Meeting - Item 2C <br />