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Item 2C: Approval of Funding for Housing Project for Low-Income Persons and att'sA-C
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Item 2C: Approval of Funding for Housing Project for Low-Income Persons and att'sA-C
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Agenda Item Summary
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9/28/2009
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<br />COUNCIL OPTIONS <br /> <br />The City Council has three options: <br /> <br />1.Approve funding for Willakenzie Crossing as recommended by Housing Policy Board. <br /> <br />2.Approve funding for Darrow Gardens. <br /> <br />3.Decline to approve funding for either proposed project. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />The City Manager recommends the following: Approve the use of: 1) $670,000 in HOME funding; 2) <br />$185,000 in Eugene SDC Waivers and 3) approve the transfer of the Willakenzie School Landbank site <br />for the development of Willakenzie Crossing by Metropolitan Affordable Housing Corporation, along <br />with a 20-year Property Tax Exemption for Low-Income Rental Housing from the City of Eugene. <br /> <br /> <br />SUGGESTED MOTION <br />Move to approve the use of: 1) $670,000 in HOME funding; 2) $185,000 in Eugene SDC Waivers and <br />3) approve the transfer of the Willakenzie School Landbank site for the development of Willakenzie <br />Crossing by Metropolitan Affordable Housing Corporation. <br /> <br /> <br />ATTACHMENTS <br /> <br /> <br />A.List of Allocations Committee Members and Housing Policy Board Members <br /> <br />B.Map of Landbank Site and surrounding area <br /> <br />C.Design for Willakenzie Crossing <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Stephanie Jennings, Grants Manager <br />Telephone: 682-5529 <br />Staff E-Mail: Stephanie.a.jennings@ci.eugene.or.us <br /> Z:\CMO\2009 Council Agendas\M090928\S0909282C and att'sA-C.doc <br /> <br />
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