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Kerrville consultants: housing demand rising; study and survey point to affordability gap

Comprehensive Plan Advisory Committee (special planning & zoning session) · October 24, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Consultants told the advisory committee an updated housing study and community survey show strong demand for new housing and acute affordability pressures: roughly 30% of homeowners and nearly half of renters are cost-burdened, while single-family inventory remains tight.

Consultants leading Kerrville’s comprehensive-plan update reported that an updated housing analysis and a summer community survey confirm rising housing demand and significant affordability pressures. Caitlin Admire, project manager for Freese and Nichols, said the updated housing study identifies roughly 1,400 for-sale units and 725 rental units in the demand profile and noted 800–900 new single-family lots already in development that will meet near-term needs.

The consultants and committee members said affordability is the dominant concern. “Approximately 30% of homeowners are…

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