SPRINGFIELD, Ore. — A second developer is coming forward to help revamp the Glenwood area with an affordable housing project. The Springfield City Council approved funding for the project Monday night.
Cornerstone Community Housing and the Housing and Community Services Agency are eyeing a piece of property along Franklin Boulevard.
“It’s just a great location, as you know. It’s close to the river. Even more importantly, it’s right on the EmX line, on the transportation line,” said Director of Cornerstone Community Housing Richard Herman.
The City of Springfield say Cornerstone, along with the Housing and Community Services Agency of Lane County, are addressing a need in the community.
“There are still a lot of people who are struggling to make their ends meet, and this will address some of that by giving them a real nice, clean, affordable place to live in a real neat part of the city now,” said Kevin Ko, with the City of Springfield.
The two organizations are now hoping to get state approval for the project once they apply in June.
Once completed, it will be one of the biggest affordable housing communities in Springfield.
Herman says the plan is to build four-storey apartments in phases. The first phase will be about 50 units, with a total of more than 130 when the entire development is complete.
If the state approves funding for the project, developers hope to break ground early next spring.