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City of Champagne says 2% vacancy, needs roughly 7,000 new units in next decade
Summary
City of Champagne staff presented a housing needs analysis to the Champagne Housing Authority board on March 5, reporting a 2% vacancy rate and estimating a need for about 7,000 housing units over 10 years, with a pronounced shortage for lowest‑income households and rising rents (median about $1,400).
City of Champagne officials told the Champagne Housing Authority board on March 5 that the city’s housing market is deeply constrained and requires a sustained building effort to restore balance. “Two percent is our vacancy rate in Champagne,” Lauren Weber, a community development specialist with the city, told commissioners, adding that a healthy market would be closer to 5–7 percent.
The city’s analysis, prepared with RDG Planning and Design, estimates Champagne needs about 7,000 net new housing units over the next 10 years to accommodate projected population and household growth. Lauren Weber said the study uses population projections and American Community Survey data; staff estimate roughly 500 of those units will be…
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