| Rosa Village Co-op Applications Open in October! It’s been an exciting summer at Rosa Village, where these 52 new homes are moving rapidly toward completion! Interested in becoming a founding member of this new permanently affordable housing cooperative in Eugene’s Trainsong neighborhood? We recently launched RosaVillage.org, where prospective applicants can learn about the village and available floor plans, housing costs, eligibility requirements, and what it means to live in a resident-owned housing co-op. Please share with friends, family, and community members who may be interested! |
How are they doing it right? First of all they are developing in an existing neighborhood that already has infrastructure but is in dire need of investment and improvement. SquareOne is taking the Trainsong Neighborhood, long known for the pollution issues of a highly industrialized area and investing in it and providing significant opportunities for affordable resident-owned housing.
A Gemini search indicates the Rosa Village is approaching Housing Affordability & Displacement in smart ways that make it a win for everyone. “Trainsong and West Eugene face significant housing cost pressures. By offering 52 permanently affordable homes for households earning 40–60% of Area Median Income (AMI) through a limited-equity cooperative model, Rosa Village provides housing stability, capped monthly costs ($700–$850/month), and protections against displacement or arbitrary rent hikes.”
An excerpt from the SquareOne’s Summer 2026 Quarterly News Publication:
Taking the Case to Salem
Rosa Village is more than our next housing development. As the first limited-equity housing co-op financed through Oregon’s LIFT Homeownership program, it provides a real-world example of what is now possible with public investment in permanently affordable, resident-owned housing.
We recently developed a short case study looking at Rosa Village as a model for expanding resident-owned housing across Oregon, and how it compares to a typical affordable rental housing development.
>> VIEW THE ROSA VILLAGE 1-PAGER CASE STUDY
We’re also using what we’ve learned from Rosa Village to advocate for more investment in permanently affordable homeownership statewide.
This month, SquareOne Villages and CASA of Oregon sent a joint letter to Governor Kotek calling for a greater share of LIFT funding to go to shared-equity homeownership, and outlining the advantages of doing so.
Rosa Village shows what this investment can make possible. With greater LIFT Homeownership funding housing co-ops, community land trusts and other shared-equity models could become a more common part of Oregon’s affordable housing landscape.
This project received part of it’s funding through the Oregon LIFT Homeownership program, the same program that DevNW is applying to for $8.1 million dollars of funding for Floral Hill Terrace in Laurel Hill Valley.
Get familiar with SquareOne! You will be seeing a lot from them if you are watching affordable housing issues in Oregon.