City’s housing task force to meet
The city of San Marcos has established a Workforce Housing Task Force to assist the city council in developing a comprehensive housing policy to address challenges faced by working families.
The first public meeting of the task force will be held Thursday, Sept. 13 from 12 – 2 p.m. in Room 3 of the San Marcos Activity Center, 501 E. Hopkins.
The task force is composed of 20 community leaders representing diverse perspectives on workforce housing challenges in San Marcos. Final recommendations from the task force are expected in the fall of 2019.
According to the 2012-2016 American Community Survey, the median family income in San Marcos is $46,736. If housing accounts for a third of family income every year, half of families in San Marcos can buy a home priced at no more than $154,200. But according to 2017 MLS Data, the median price of all homes and condos sold in San Marcos last year was $200,200.
To address this gap between median income and available home prices, the city council identified Workforce Housing as one of their five Strategic Initiatives in January.
For more, call 512-805-2635.