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Agenda Packet 12-12-18 Work Session
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Agenda Packet 12-12-18 Work Session
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49 <br /> <br />deposited to an Affordable housing fund. May require <br />legislative action at the state level to implement. <br />20-E*: Charge a CET on a sliding scale by <br />the size of the development <br />(especially residential) (variation on <br />20-B) <br /> See Option 20-B. Establish a CET structure that charged <br />a higher percentage of larger homes and a smaller <br />percentage of smaller homes. <br />20-F*: Create a working group to study <br />this option in depth and include <br />sensible recommendations. <br /> Depending on this (current) Working Group’s <br />recommendation, Council could decide that this option <br />needs more study and could convene a new working <br />group to examine this specific option in more depth. <br />Council directed the Housing Policy Board to develop a <br />recommendation on CETs. Their work concluded in <br />April of 2018. <br />21. Increase density bonus for qualified <br />Affordable housing. <br /> + <br />A density bonus program allows more dense <br />development (more units per acre) than is typically <br />allowed in that zone in exchange for meeting some <br />criteria. Eugene currently offers a density bonus for <br />Affordable Housing—an up to 50% increase over what <br />is allowed in the base zone. <br />22. Inclusionary Zoning (IZ). Oregon law enables local governments to offer IZ, <br />which requires (or encourages) new housing buildings <br />with 20 or more units have up to 20% of the units be <br />affordable to households earning 80% of area median <br />income and above. <br /> <br />The developer can pay a fee in lieu of including the <br />units in the building <br />22-A: Mandatory IZ—Under state law, <br />this could apply to any buildings <br />with 20 or more units. State law <br />requires that mandatory IZ include <br />incentives (Ex: density bonus). <br /> <br />22-B: Voluntary IZ—Make IZ optional <br />but create incentives (Ex: SDC <br />waivers, density bonus) to <br />encourage market-rate developers <br />to include Affordable units. <br /> <br />23. Require that housing meets needs <br />identified by specific populations. <br /> There are no legal mechanisms to do this. The City can <br />offer incentives but a “requirement” would not be <br />legal. Existing Affordable units are developed to meet <br />the needs of specific groups based on income. <br />24. Help low and moderate-income <br />households purchase a home, such as <br />navigators to support the purchase <br />process and down-payment assistance, <br />(help people move up the housing <br />ladder). <br /> The City could allocate funding to assist with down- <br />payment assistance or to fund staffing to serve as <br />housing navigators. The City previously offered a down- <br />payment assistance program, however market <br />conditions and HUD requirements were impacting <br />utilization of funds. <br />25. Help low and moderate-income <br />households keep their homes safe or <br />stay in their home, such as emergency <br />home repair and foreclosure assistance <br />(homeowner assistance). <br />+ <br />The City currently has a program for emergency home <br />repairs. Demand for the program is much greater than <br />federal funds can support. NEDCO offers limited <br />foreclosure assistance, funded by the state. <br />December 12, 2018, Work Session - Item 2
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