The downtown Eugene mixed-income housing project at 1059 Willamette Street will get more than $8.6 million in urban renewal funds, closing a funding gap that had put the project at risk.
The city is working with deChase Miksis and Edlen & Company to redevelop the site of the former Lane Community College downtown center into a 133-unit housing project. City councilors agreed to fill the project’s funding gap on Monday, June 22, unanimously voting to approve urban renewal funds to help cover construction costs and attract private investors.
“That is a big gap,” Economic Development Manager Anne Fifield said…