From AP - News Headlines -

Task Force Looks at Home Stats to Close Champaign County’s Economic Gap

A Champaign County housing task force is studying the number of available homes in the area to identify housing needs and economic gaps that can be filled within the community.

The Regional Housing Task Force is made up of officials in Champaign County, Champaign, Urbana, the Housing Authority of Champaign County and the village of Rantoul.

In a preliminary report, the task force identified the city of Champaign as not having enough rental housing units in low-income and minority areas, specifically in sections of the city that border Urbana. According to the study, a five-year need exists for 127 additional rental units that are affordable to households earning less than $20,000.

The city's Neighborhood Programs Manager Kerri Spear said she hopes the report helps shed light on what can be done to curb homelessness in the whole county. Spear, who is part of the task force, said more rental housing units should be spread out across Champaign County to prevent the further concentration of poverty.

"Homelessness does not just impact one city," she said. "There's a need to create more affordable rental units."

The study also suggested that adding market rate homes to high poverty areas could help boost the economy.

The report also indicated that there is a surplus of owner occupied homes in Champaign. Between January 2000 and September 2010, a total of 4,129 new homes were built in Champaign County. Just in Champaign, many developers overbuilt "high end" single-family homes that are valued between less than $140,000 and more than $400,000, which has left about a three to four-year supply of extra lots within the city.

"So, there may be a surplus of housing units in one community," Spear said. "But yet if the people that need those units are in another community, do they have the transportation options available, or are there jobs in that area?"

Households with incomes of less than $20,000 were found to have a five-year surplus of housing units in Urbana and Rantoul.

The Champaign City Council will hear details about the report at its regular meeting Tuesday at 7:30pm at the Illinois Terminal Building. The task force then plans to present its findings during a public open house on Tuesday, November 16 from 5-6:30 pm at the City Building at 102 N. Neil St., Champaign.

Categories: Economics, Government, Politics