Housing Study Completed
June 29th, 2020: In 2019, Hancock Regional Planning Commission in partnership with the City of Findlay, The Findlay-Hancock County Community Foundation, and The University of Findlay Center for Civic Engagement Housing Coalition contracted DiSalvo Development Advisors (DDA) to complete a housing market study for Findlay and Hancock County.
The study analyzed the housing gaps and market supported development opportunities for housing in Hancock County, Ohio.
DDA concluded that the Findlay/Hancock County housing market is capable of supporting approximately 1,000 for-sale and 500 rental units over the next five years among a wide variety of housing types and price points. The additional market-supported housing addresses the current and near-term gap in housing needs for lower-income families and the special needs population, as well as the unmet housing preferences of more moderate- to high-income homebuyers and renters.
A housing study summary has been compiled and is now available on the Hancock Regional Planning Commission website at http://hancockrpc.org/housing-study-summary-2020/. This document is a summary of the report prepared by DiSalvo Development Advisors provides a framework for Hancock County stakeholders to further support the strategic development of the housing market in our community.
“Over the past few years many stakeholders have been working to address housing needs in our community. To best address a problem you first have to understand it. This report is the next step in quantifying our communities need. With the study complete, we can take additional steps to magnify our efforts. Having additional and diverse housing options will only benefit the community and residents as a whole.” Said Matt Cordonnier, Director of Hancock Regional Planning Commission.
When asked about the housing study Mayor Christina Muryn shared, “We are fortunate that the Findlay-Hancock County region is thriving but it can also present its own challenges. The goal of the Housing Study is to help focus our efforts to best address our housing needs in an efficient and effective manner. Having a strong housing market serves as a strong foundation to support employee retention, revitalize neighborhoods, attract employers, increase consumer spending, and improve health outcomes. I look forward to seeing significant progress over the coming months and years to ensure our community continues to be a top location for everyone to live, learn, work, play and pray.”