Low income housing goes sustainable

| Print |  Email
Articles - July 2010
Friday, June 25, 2010
0710_ATS08
Juneberry Lane in Oregon City.
PHOTO COURTESY OF EARTH ADVANTAGE

The downturn has stalled many housing sectors, but one area that’s thriving thanks to local and federal funding is sustainable low-income housing projects.

Two green low-income projects in the state are taking the additional step of getting a community certificate from Earth Advantage, which requires community education and that each house have a low environmental impact.

Verde Village in Ashland, a 68-home green development, is stalled while 15 of its low-income units are moving forward. Eight of the 15 will be completed this fall with a loan from USDA Rural Development. As a prerequisite to the loan each household has to spend 32 hours a week helping to build their home.

The 12-home Juneberry Lane in Oregon City is a low-income sustainable housing project set for completion in early September. It’s funded by a variety of sources, with the majority coming from Clackamas County Community Development and a loan from Oregon City-based Lewis & Clark Bank.

“We can get the financing because it’s low-income housing,” says Sarah Buckley, executive director of Clackamas Community Land Trust. “For our buyers it’s their only option for owning a house. The lender feels a little better because of the buyer demand and the other funding.”

JOSEY BARTLETT
 

Comments   

 
Orion
0 #1 Rogue Valley CDCOrion 2010-07-08 12:17:48
Congrats to these two great affordable projects in towns that really need them. You omitted that Rogue Valley CDC is the name of the affordable housing developer that is working on Rice Park. More information here: http://www.verdevillage.net/rice_park.shtml, and here: www.roguevalleycdc.org.
Quote | Report to administrator
 
 
Laura Hayden
0 #2 parametersLaura Hayden 2010-08-07 14:39:09
could you explain how to get on the list for thi housing?
Quote | Report to administrator
 
 
Laura Hayden
0 #3 Laura Hayden 2010-08-07 14:40:49
can you tell me where to get more subsided housing including ths one describd?
Quote | Report to administrator
 

More Articles

A legislative preview — and celebration

Linda Baker
Friday, January 23, 2015
012315-speaker-thumbBY LINDA BAKER | OB EDITOR

The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.


Read more...

LEED for weed

Linda Baker
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions?


Read more...

On the Brink

March 2015
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR

Leslie Carlson channels the big idea.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...

Downtown flower shop readies for the Valentine's Day rush

The Latest
Monday, February 09, 2015
021015-giffords-thumbBY MEGHAN NOLT

VIDEO: Gifford's Flowers brings family approach to PSU-area shop.


Read more...

Cache and Curry

March 2015
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Power Lunch at Swagat in Hillsboro.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS