Affordable Housing Trust Fund Request for Proposals
2022 AHTF Awards
The Eugene City Council approved the use of Affordable Housing Trust Funds (AHTF) to support two low-income housing projects that applied for the funds earlier this year.
- $670,000 was awarded to SquareOne Villages for Peace Village, a new development of 70 owner-occupied tiny homes for low-income households located on River Road. The project combines the use of a community land trust with a limited equity cooperative housing model. SquareOne retains ownership of land to preserve long-term affordability and residents collectively own their housing and build equity over time. The tiny homes will be built on property that was previously owned by Peace Presbyterian Church. The existing church buildings will also be used as common facilities with community kitchen, meeting and administrative space, and laundry. Construction is expected to begin later this year.
- $350,000 was awarded to St. Vincent De Paul Society of Lane County, Inc. (SVdP) for Green Lane Veteran’s Housing, a new development of 10 units of transitional housing for veterans experiencing homelessness on Green Lane. The project is a partnership with the US Department of Veteran’s Affairs Grant and Per Diem Program. On-site resident services, including case management, will be included as part of the project with the goal of connecting residents to services and benefits, increasing incomes and supporting the transition to permanent, stable housing. Construction is expected to begin next year.
SquareOne and Saint Vincent De Paul applied for the AHTF through a competitive request for proposals (RFP) process.
- Green Lane Veteran’s Housing by St. Vincent de Paul Society of Lane County, Inc. (PDF)
- Peace Village by SquareOne Villages (PDF)
The AHTF supports the creation of local, innovative housing projects that are affordable to people with lower and moderate incomes. The AHTF is a local source of funding generated by a 0.5% construction excise tax on new construction in Eugene. Each year, the City releases a Request for Proposals (RFP) for the funds based on criteria developed by the AHTF Advisory Committee. The Request for Proposals is an open, competitive process. This year, just over $1.1 million in AHTF were available for innovative local housing projects through the AHTF RFP.
Overview of 2022 RFP
The application period for the 2022 Affordable Housing Trust Fund was from January 20, 2022 - to March 17, 2022. The next RFP will be released in early 2023.
AHTF resources available through the FY22 RFP were prioritized for the creation of housing demonstrating significant innovation or benefit through the project design, financing, or management structure (examples include cooperatives, community land trusts, shared equity homeownership, Single Resident Occupancy shared housing, multi-generational housing, and more.) Proposals were accepted that included at least 4 dwellings.
Additional priorities were for proposals designed to transition people out of homelessness; projects serving historically underserved communities, Black, Indigenous, and People of Color (BIPOC) populations, and high priority special needs populations as outlined in the 2020 Consolidated Plan. It was preferred that proposals request $370,000 or less per proposal and commit to maintaining affordability longer than the required 20-year period.
2021 RFP results
Three proposals were submitted for the 2021 AHTF RFP. Council selected The Grove on Garden Way proposal.
- 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).