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City manager highlights housing-study income gap, says Athens still qualifies for TWDB disadvantaged funding
Summary
City Manager Elizabeth Borstad told council an HDL housing study showed a community median income of $54,000 while the city's own survey returned $46,000; she said the city's survey is likely more accurate and noted Athens still meets Texas Water Development Board disadvantaged-community criteria.
City Manager Elizabeth Borstad reviewed key findings from a housing study prepared by HDL at the Athens work session on Sept. 25. Borstad said the study's community survey returned a median household income of $54,000, while the city's internal survey showed a median of $46,000; she added, "I feel like our survey information is much more accurate."
Borstad said the final revised version of the study was not yet complete. She noted that even if the higher $54,000 figure were used, Athens qualified as a disadvantaged community for Texas Water Development Board funding, a status that affects eligibility for certain water and wastewater financing programs.
The council discussed the study and Borstad told members they would need a separate work session to review three proposals received for the Fisher property; developers will present those proposals to council at that later meeting. The work session adjourned at 7:09 p.m.
No formal votes or funding decisions on the housing study or the Fisher property were taken at the Sept. 25 work session; council members asked staff to return with more information at a future meeting.
