Urban Renewal in Eugene

Urban Renewal or Tax Increment Financing is a tool used by municipalities to finance improvements and redevelopment in specific areas of a city by reinvesting the increase in the area’s property taxes. Eugene has two urban renewal districts: the Downtown Urban Renewal District and the Riverfront Urban Renewal District. More information about both districts can be found below.

Photo by Steve Smith - Aerialimage of EWEB and Willamette River
  1. Riverfront Urban Renewal
  2. Downtown Urban Renewal

What’s Happening with Riverfront Urban Renewal?

For more information on the redevelopment of the former EWEB industrial yard into the Downtown Riverfront neighborhood, visit the Downtown Riverfront webpage

In November 2022, the Urban Renewal Agency directed staff to bring back a proposal to amend the Riverfront Urban Renewal District to expand its financial capacity. Click here to view the work session materials and watch the webcast

On September 13, 2023, City Council (acting as the Urban Renewal Agency Board) began the Plan amendment process that includes increasing the spending limit by up to $45 million, clarifying existing projects that remain eligible for urban renewal funds, and expanding the list of projects eligible for urban renewal funds to include: support for new housing development, physical improvements in the Riverfront Urban Renewal Plan Area (Plan Area) to address safety and comfort; and projects directed or initiated by the Agency Board. Click here to view the work session materials and watch the webcast. 

On October 16, 2023, Council held a Public Hearing on the proposed ordinance to amend the Riverfront Urban Renewal Plan. The webcast and meeting materials can be found at this link

On November 15, 2023, Council continued to discuss the Plan amendment and directed staff to update the proposed Plan amendment to include a spending limit increase of $75 million. Staff anticipates bringing the updated proposed amendment to Council in January 2024. Click here to view the November 15 work session materials and watch the webcast. 

(Updated 11/17/23) 

River Guides

Learn more about the Riverfront Urban Renewal Advisory Committee (River Guides) who advise the Agency Board on activities in the District.   

Reference Documents 

Click below to read about some of the guiding documents for the district:   

Contact Us

  1. Amanda D'Souza

    Development Programs Manager

    99 W 10th Ave

    Eugene, OR 97401

    Ph: 541-682-5540

    Fx: 541-682-5572



Maps & Plans