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Consultant outlines Des Moines housing strategy: 45,000 older units, $1B ad valorem gap, three policy paths
Summary
Consultants presented a citywide housing strategy update on Jan. 13, identifying about 45,000 older, smaller and neglected housing units and laying out three broad policy pathways to address market and affordability shortfalls.
A housing‑strategy consultant presented a citywide update at the Des Moines City Council work session on Jan. 13, summarizing market analysis, constraints and three broad policy options for council consideration.
Charles, the consultant, told the council the Des Moines market is “generally healthy” but carries two structural vulnerabilities: geographically concentrated financially vulnerable households and a large stock of smaller, older and neglected homes. He said the city has about 96,000 housing units and estimated roughly 45,000 — about one in two units — are “older, smaller, neglected” stock. “When you have 45,000 or 1 of 2 older, smaller, neglected, you have limited demand,” he said.
The consultant presented…
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