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Affordable Housing Trust Fund
Request for Proposals (RFP) for Affordable Housing Development
The City of Eugene invites proposals from affordable housing developers for the development of rental housing affordable to low and moderate-income households. Resources offered through this Request for Proposals (RFP) are Affordable Housing Trust Funds (AHTF) generated by the City of Eugene’s Construction Excise Tax. An Evaluation Committee and the AHTF-Advisory Committee (AHTF-AC) will assess and rank proposals, then scores and ranking(s) will be presented to the Eugene City Council, who will make final decisions for AHTF funding.
A subcommittee of the AHTF-AC will meet to evaluate the RFP applications on Wednesday, April 21 at 1:00 PM. Visit the AHTF-AC page for more meeting details.
2021 Proposals Submitted
Three proposals were submitted for the 2021 AHTF RFP. Click below to see the proposals:
- 158 Garden Way – 122 one, two, three, and four-bedroom units in the Harlow neighborhood targeted to households earning no more than 60% of area median income (AMI).
- Lincoln Street Apartments – 59 one, two, and three-bedroom units in downtown Eugene targeted to households earning no more than 60% AMI including 13 units for households earning no more than 30% AMI.
- Peace Village – acquisition of property that would be developed on north River Road into 64 tiny homes for households earning no more that 50% AMI including 8 units for households earning no more than 30% AMI.
RFP Documents
Request for Proposals (RFP) Document
Background
In 2016, Oregon Legislature passed Senate Bill 1533 authorizing Oregon cities and counties to establish a construction excise tax (CET) on commercial and residential improvements. The tax applies to all improvements which result in a new structure, additional square footage to an existing structure, or addition of living space to an existing structure.
In May 2019, the Eugene City Council passed Ordinance No. 20609 establishing the tax in Eugene. An information sheet about Eugene's construction excise tax is available. The tax will create a dedicated source of funding for affordable housing, called the Affordable Housing Trust Fund. This fund will pay for projects and programs that increase availability and access to owner- and renter-occupied housing that is affordable to lower income community members.
The City of Eugene has supported the creation of affordable housing using both federal and local funds for over 40 years. To learn more about the recent use of federal funds, affordable housing developments, rehabilitation projects and human service programs, see the Housing and Human Service Plans webpage.
What is Affordable Housing?
Across the United States, housing costs are considered "affordable" if the monthly rent or mortgage, plus utilities, add up to no more than one-third (or 30%) of gross household earnings. Affordable housing developments receive public subsidies in exchange for a commitment to provide homes with limited rents for people with limited incomes.
The Fund will support projects, programs, incentives, and services related to the housing of households earning 100% of area median income (AMI). AMI is a federal calculation based on census data from every geographic area. Households earning less than the AMI, are very likely to be adversely affected by housing costs.
To learn more about affordable housing and non-profit partners in Eugene, please visit the Looking for an Affordable Home webpage.
If you would like to keep informed about the Affordable Housing Trust Fund, please sign up to join the list for interested parties. Information including notifications of meetings, events, committee recruitment, and participation opportunities will be delivered to your inbox.
Contact
Questions about Construction Excise Tax collection
Lydia Kaye
Email: LKaye@eugene-or.gov
Phone: 541-682-5482
Questions about utilizing the Affordable Housing Trust Fund for affordable housing
Ellen Meyi-Galloway
Email: EMeyi-Galloway@eugene-or.gov
Phone: 541-682-5532
The Housing Tools & Strategies initiative contributes to increasing housing affordability, availability, and diversity of type. Find out more by clicking here.