Consultants presenting the comprehensive plan update summarized recent housing analysis and affordability indicators for Kerrville.
Caitlin said CDS updated the city’s housing study for 2024 and presented demand and affordability data. The transcript contains a garbled numeric passage about total additional unit demand; that specific figure is not specified here because the spoken number in the recorded transcript is unclear. Caitlin did, however, say there are about "800 to 900 units, single family lots already in certain stages of development in the city right now," which the consultants said should meet demand for roughly two to three years.
On affordability, the consultants presented household cost-burden metrics: about 36% of homeowners were identified as housing cost burden (spending more than 30% of household income on housing), roughly 48% of renters were cost burdened, and about 25% of renters were described as extremely cost burdened.
The team encouraged residents to review the full housing study and the survey materials available on the project website for further detail and noted the housing chapter will be updated in the comprehensive plan.
Next steps: the consultants will incorporate public feedback into the housing chapter and recommend strategies in the draft plan; the published CDS housing report should be consulted to confirm the exact demand figure that could not be reliably transcribed.