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Three affordable housing projects in Eugene will get nearly $710,000 in funding from the city, part of the city’s efforts to increase its long-term housing supply, city councilors decided Monday.
The city council unanimously awarded the money to three separate projects that developers have planned. The money comes from the city’s affordable housing trust fund, which can help developers with a small portion of the overall costs. The fund, which includes revenues from a construction excise tax and the city’s general fund, received $1.2 million for fiscal year 2024.
John Barofsky, a member of the advisory committee that evaluates applications for funding, told the council that the projects all had merit. There were nearly $2 million in requests…