Q: How many CLT have you established? <br />A: We have completed 6 with a total of 76 homes. Co;age Grove, Florence, Clackamas County, NW Eugene, <br />Blue River. <br /> <br />Q: Is this your largest one? <br />A: No. It is close. <br /> <br />Q: Have you seen the cap on increase in cost have you seen it go the other way? Will it affect property values <br />around you? <br />A: I have seen no real evidence that any affordable housing has drascally increased or decreased prope rty <br />values next to it. It has remained neutral. These should not be used as comps against market rate housing <br />because these are income restricted. <br /> <br />Q: We feel like our roads are not big enough? If you are not paying property taxes how are you contribung to <br />future improvements of the roads? <br />A: Maybe that is true. Other ways roads are improved are with SDCs, gas tax (what pays to improve our roads). <br />There are a lot of funding sources that go into making this project affordable. <br /> <br />LUKE <br />Presenng the project and introducing himself. Seni or project manager. We have civil engineers, land use, <br />architect, structural engineer. <br />The project will consist of 40 units. Of those homes 16 are single family, 24 of them are going to be townhomes. <br />Some 2 bedroom, some 3 bedroom. These homes are usable by people at all stages of life. 2 fully accessible ADA <br />compliant 14 type B homes that can be converted to fully accessible. Then all units are visitable. <br /> <br />This is an expensive project. We have lot of partners helping subsidize from City of Eugene to the state. This is <br />likely a $20M project. If these were market rate houses they would be $800,000 each. We are delivering these at <br />$325,000 - $350,000. <br /> <br />Q: Quite a bit of discussion about how everyone’s taxes are paying for subsidizing this project. No quesons <br />asked. <br /> <br />Q: Almost 4 acres of property. Why isn’t it routed to Riverview. Floral Hill is a narrow street. <br />A: We don’t own property that connects to Riverview. <br /> <br />Q: On another project that failed infrastructure costs were too high to build. So the state owns the property <br />now. At he cost of the infrastructure, why would choose any area that has narrow roads, no bus service, is on <br />a hill side, cheaper cost of infrastructure.