The 2022 Request for Proposals for Affordable Housing Trust Funds is now open. To support the creation of local, innovative housing projects that are affordable to people with lower and moderate incomes the City of Eugene is seeking proposals for the use of $1.1 million in Affordable Housing Trust Funds (AHTF). The AHTF is a local source of funding generated by a 0.5% construction excise tax on new construction in Eugene.
Last year, the Eugene City Council approved a $300,000 trust fund investment to leverage a $33 million-dollar affordable housing project: The Grove on Garden Way. The new, four story building will include 122 affordable units targeted to households earning no more than 60% of area median income including seven units for survivors of domestic violence. This proposal was recommended to staff by the Affordable Housing Trust Fund Advisory committee.
This year, just over $1.1 million in AHTF are available for innovative local housing projects. Proposed rental or home-ownership projects should:
- Be located in Eugene city limits;
- Include at least 4 dwellings;
- Meet affordability and other criteria outlined in the application; and
- Submit a letter of interest by February 17 and a complete application by March 17
Projects designed to transition people out of homelessness as well as projects serving historically underserved communities, Black, Indigenous and People of Color (BIPOC) populations and high priority special needs populations are preferred.
More information on funding priorities and the Request for Proposal process and application is available on the AHTF website.
The Request for Proposals is an open, competitive process. Proposals are reviewed, scored, and ranked by community members on the AHTF Advisory Committee. That information is presented to the Eugene City Council, who makes final decisions for AHTF funding.