Resolution No. 5295 - Laserfiche WebLink

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EUGENE • SPRINGFIELD 2020 CONSOLIDATED PLAN for Housing & Community Development • The loss of jobs combined with the subsequent recession, have widened the page between employed wages and housing gaps. • Community Survey responders identified creating jobs in low-income neighborhoods as the greatest economic development need. Low -Income Areas and Areas of Slums and Blight Geographic areas defined as areas of slums or blight or as low-income areas need additional support for rehabilitation and public facility and infrastructure improvements. • There are several areas in this community that are or could meet the HUD requirement for an area of slums and blight which would allow different uses of CDBG funds. These areas could benefit from increased investments in the area. There are also specific properties with deteriorated conditions that could addressed using CDBG funds. • There are several areas of this community that are characterized by 51 % or more low- to moderate -income residents, which can benefit from increased investments in this area. Strategic Plan As part of the consolidated planning process, priority needs were identified based on the needs assessment, market analysis, stakeholder consultation, and input from residents. Next, strategies and goals were developed to address these priority needs with the cities' anticipated CDBG and HOME grants, which will help leverage additional public and private resources. Below is a summary of the strategies that have been identified that both meet priority needs and are also eligible uses of HUD funds. A table following this section shows the relationship between identified strategies and the priority needs of Eugene and Springfield for use of federal funds received from HUD. During the public comment period in March 2020, nonprofit partners and stakeholders reported concerns about residents already experiencing sudden and significant losses of income due to the COVID-19 pandemic. Beyond the real threats among residents of housing instability and homelessness, affordable housing agencies reported concerns about the destabilization of existing affordable housing developments due to interruptions in rental income. As a result of these comments, a fifth housing strategy — Provide Rent Assistance — was added to provide an option to address housing instability among renters and preserve existing affordable rental housing. 2020 Consolidated Plan 1A Eugene and Springfield, OR