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Laud intended to meet the need for affordable housing, namely land designated for <br />multiple fancily use, has proven not to be actually and meaningfully available for such <br />housing. <br />Dne main reason that such lands are not in fact available for affordable housing has been <br />that affordable housing been unable to compete with other uses permitted on such lands. <br />A principal competing use is higher•income multiple family housing, which has driven the <br />price of land available for multiple-family housing out of reach, as evidenced by the <br />skyrocketing market values of such lands and by the almost complete lack of affordable <br />multi-family housing construction over the entire life of the area's acknowledged housing <br />plan element. <br />Another competing use is office and commercial development, which has been permitted <br />to occur on major tracts designated for medium and high density use. As noted by the <br />consultant for the current Metro Plan Housing Update, <br />"New office constructi on and housing conversions to office use have consumed <br />many MDR sites in both communities." May 11, 19917 David J. Newton <br />Associates Project Proposal at 2. <br />Examples include the 24 acres on the south side of Country Club Road in Eugene between <br />Delta Highway and Coburg Raad. Twelve acres are designated in the Metro Plan for high <br />density residential and the other twelve are designated for medium density residential use. <br />All 24 acres are now ro osed for redesi anon to commercial in the Metro Plan based <br />PP ~ <br />upon the commercial and office development which has actually taken place. See <br />November,199o, draft of Eugene Commercial Lands Study, page V-~, <br />A third competing use is low-density single-family residential development. A substantial <br />amount, of land designated on the Metro Plan diagram for medium and high-density <br />development has been consumed bysingle-family residential development. The Metro Plan <br />Housing Update will help establish how much of this has taken place and how much more <br />is to be expected. <br />2,4170 of the projected 5,85 units of needed high density housing during the planning period <br />are unsupported by any land use designation on vacant lands. The Metro Plan simply <br />"assumes that an additional 2,44o new multifamily units will develop within one mile of <br />downtown Eugene due to redevelopment and infill," June 12, 1981, I.CDC <br />Acknowledgment Report, p. 72. Almost no such redevelopment has taken place since 1981, <br />and what little has occurred consists exclusively of high-end housing producing returns high <br />enough to justify the costs of demolition, rehabilitation, site location, and securing the <br />necessary land use designations. <br />Much of the identified needed multifamily land is designated ~ on the Metro Plan only as <br />floating nodes. These are shown "circles or portions thereof, with related commercial <br />Springwaod Plan Amendment Application <br />Applicant's Proposed Findings <br />March 24,1991 Drab <br />Page 1~ <br />