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policy direction will be made available in that process. As local 'urisdictions im lement this <br />J p <br />Element of the Metro Plan, they will be involved in the anal sis of the suitabili of certain <br />y tY <br />residential designations ~n terms of density and location and ma ro ose than es based on this <br />Yp P g <br />analysis, to the Metro Plan diagram. <br />Goal <br />Provide viable residential communities so all residents can choose sound, affordable housin that <br />g <br />meets individual needs. <br />Residential Land Supply and Demand <br />F~ <br />1. By 2015, the Eugene-Springfield Metropolitan Study Area is ro' ected to reach a <br />PJ <br />population of between 291,000 and 311,000. This represents an increase of between <br />approximately 87,000 and 107,000 persons from the 1990 population of 204,359. <br />2. Average household size has been declining both nationally and locall due to a vane of <br />. y tY <br />factors. This trend will result ~n the need for more dwelling units to house o ulation <br />PP <br />growth, <br />3. Based on the 2015 projected population and average household size, there is a need for <br />between 40,000 and 49,000 new housing wits in the Eugene-Springfield urban rowth <br />g <br />boundary between 1992 and 2015, <br />4. There is sufficient buildable residential land within the existing urban rowth bound to <br />. g ~' <br />meet the future housing needs of the projected population. Yn fact, the 1992 residential <br />buildable land supply exceeds the 1992-2015 residential land demand in ali residential <br />categories, Assuming land is consumed evenly over the period, by 1999, there will be at <br />least a 20-year supply of residential land remaining inside the urban growth bound <br />~Y• <br />