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<br /> <br />HOUSING <br /> EVERYONE HAS A SAFE, DECENT PLACE TO <br /> <br /> <br /> <br /> <br /> <br /> <br />Number of households in Eugene and Springfield area that are eligible for subsidized housing, <br />according to the 2000 census. This number doubled from the 1990 census. <br /> <br />  <br /> <br /> <br />Number of households in Eugene and Springfield area that receive a housing subsidy. <br /> <br />  <br /> <br /> <br />Monthly cost of an average pre-1988 two-bedroom rental in Eugene. The average cost for a newer <br />two-bedroom rental is $80467. (Source of data: Duncan & Brown <br />Real Estate Analysis, November 2005. Although Duncan and Brown have discontinued the survey <br />general indications are that rents have increased. <br /> <br /> <br /> <br /> <br />Affordable rent for a one-person household earning full time minimum wage ($8.40 as of January 1, <br />2009), including utilities, if 30% of household income is allocated for housing. <br /> <br /> <br />   <br />Annual gross income for a minimum wage full-time worker ($8.40/hr.). This is 34% of area median <br />income. <br /> <br /> <br /> <br /> <br /> <br />Area median income for a 3 person household. Very-low-income is 50%: $25,750. (HUD 2009). <br /> <br />  <br /> <br /> <br /> <br />Typical per-unit local subsidy for new construction of very-low-income rental housing (including <br />federal CDBG and HOME grant funds, fee contributions, and Lane County Road funds. Subsidies <br />on projects range from as low as $7,000 per unit to as high as $50,000 per unit.) <br /> <br />  <br /> <br />Subsidy per unit/per day when averaged over 30 years at a $24,000 local subsidy. For the average 3 <br />~ <br />person household this is 67 per person. Projects remain viable much longer than 30 years. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Cost of a typical acre of medium density zoned land (R2) in Eugene. In 1999 an acre would sell for <br />$100,000; in 1994, $40,000 and in 1990 it was hard to find a buyer at $20,000. Now it is hard to <br />find an acre to purchase. <br /> <br /> <br /> <br />Number of subsidized housing units built, acquired, or in advanced planning in Eugene since 1989. <br /> <br />  <br /> <br /> <br /> <br />Number of housing units rehabilitated with City of Eugene loan support since 1989. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Typical cost to rehabilitate a housing unit through Eugen <br /> <br /> <br /> <br /> <br />For More Information: Richie Weinman, City of Eugene Planning and Development Department <br />th <br />99 W. 10 Ave. Eugene, Or 97401; 541 682-5533 richie.d.weinman@ci.eugene.or.us [January 26, 2010] <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Project Homeless Connect, Thursday March 18, 2010 <br />www.homelessconnect.org - Donate or Volunteer <br />