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<br /> <br /> <br />ECC <br />UGENE ITY OUNCIL <br />AIS <br />GENDA TEM UMMARY <br /> <br /> <br />Approval of Funding for Housing Affordable to Low-Income Persons <br /> <br /> <br />Meeting Date: September 8, 2010 Agenda Item Number: 3C <br />Department: Planning & Development Staff Contact: Becky Wheeler <br />www.eugene-or.gov Contact Telephone Number: 541-682-5532 <br /> <br /> <br /> <br /> <br />ISSUE STATEMENT <br /> <br />The City Council is asked to approve the use of Federal HOME Investment Partnership Program (HOME) <br />funds and other resources for an affordable housing development identified through the 2010 Housing <br />Request for Proposals (RFP). <br /> <br /> <br />BACKGROUND <br /> <br />The City of Eugene established current goals and programs for the development of housing affordable to <br />low-income people through the adopted 2010 HUD Consolidated Plan. The Consolidated Plan guides use <br />of HOME funds and Community Development Block Grant (CDBG) funds over a five-year period. Each <br />year, the City Council approves the allocation of federal funds through a One-Year Action Plan. In <br />addition to use of federal funds, the City of Eugene has established System Development Charge (SDC) <br />Waivers and the Low-Income Rental Housing Property Tax Exemption to further enable the development <br />of affordable housing. <br /> <br />Pursuant to the Consolidated Plan and One-Year Action Plan, staff develops and releases an annual <br />Request for Proposals (RFP) for affordable housing development projects. The intergovernmental Housing <br />Policy Board advises staff on the development of the RFP, reviews proposals, and makes funding <br />recommendations to the City Council. The City issued the 2010 Housing RFP for affordable housing <br />projects in February 2010, with proposals due in May 2010. The 2010 Housing RFP sought proposals for: <br />(1) new affordable housing development on the three-acre Westmoreland landbank site, including use of <br />HOME funds, Eugene SDC waivers, and Eugene Water and Electric Board (EWEB) SDC grants; and (2) <br />acquisition/rehabilitation of existing housing to be converted to affordable housing, including use of <br />HOME funding, Eugene SDC waivers, and EWEB SDC grants. $850,000 in HOME funds, approximately <br />$667,000 in Eugene SDC waivers, and $100,000 in EWEB SDC grants were available through the RFP <br />process for a total of $1,617,000. <br /> <br />The Westmoreland landbank site was purchased with Community Development Block Grant (CDBG) <br />funds in 2004, from the 4-J School District. The site was used as an activity field by the former <br />Westmoreland School. <br /> <br />The Landbanking Program is a cornerstone of Eugene’s overall affordable housing program. Through the <br />landbank, the City has not only created a steady stream of appropriate sites, but also has actively sought to <br />identify dispersed sites for affordable housing located throughout the community. <br /> <br /> Z:\CMO\2010 Council Agendas\M100908\S1009083C.doc <br /> <br />