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9 <br /> <br />Strategy 3Strategy 3Strategy 3Strategy 3: Increase Inventory and Access to Affordable Units: Increase Inventory and Access to Affordable Units: Increase Inventory and Access to Affordable Units: Increase Inventory and Access to Affordable Units <br />Option <br /># Option Support Uncertain Oppose % <br />Agreement <br />20 <br />Identify new Revenue sources for Affordable <br />housing units. 26 2 93% <br />27 <br />Expand Eugene’s land banking program for <br />Affordable housing. Identify more flexible funding <br />sources. 25 2 93% <br />24 <br />Help low and moderate-income households <br />purchase a home, such as navigators to support <br />the purchase process and down-payment <br />assistance, (help people move up the housing <br />ladder). 24 4 86% <br />20 -C <br />Use local government bonds to fund the <br />construction of Affordable housing <br />developments. 23 4 1 82% <br />25 <br />Help low and moderate-income households keep <br />their homes safe or stay in their home, such as <br />emergency home repair and foreclosure <br />assistance (homeowner assistance). 21 5 81%* <br />21 <br />Increase density bonus for qualified Affordable <br />housing 22 3 3 79% <br />20 -E <br />Charge a CET on a sliding scale by the size of the <br />development (especially residential) (variation on <br />20-B) 21 4 3 75% <br />28 <br />Create a community land trust as a tool to <br />provide Affordable, ownership housing. 15 6 1 68%* <br />20 -B <br />Charge a construction excise tax (CET) to raise <br />resources for Affordable housing developments. 19 5 4 68% <br />31 <br />Waive System Development Charges (SDCs) <br />entirely for qualifying Affordable units. 14 2 5 67%* <br />30 <br />Loan guarantees-use City funds as backing for <br />loans to help fund Affordable housing <br />developments. 15 9 63%* <br />22 -B <br />Voluntary IZ—Make IZ optional but create <br />incentives (Ex: SDC waivers, density bonus) to <br />encourage market-rate developers to include <br />Affordable units. 15 12 56%* <br />20 -A <br />Shift money from the City’s General Fund, which <br />would shift funding from other City services, to <br />support Affordable Housing. 15 6 7 54% <br />26 Establish a community fund to help new renters. 13 12 1 50%* <br /> <br /> <br />December 10, 2018, Work Session - Item 2