Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting - May 21, 1993 <br />6 NEW BUSINESS (Cont.) <br />a. continued... <br />2. Notwithstanding the scale of the loss of <br />housing units between 1980 and 1990, <br />residential vacancies increased from 275 to <br />384, an increase of more than 39% in the <br />census tracts comprising Expansion Area <br />No. 1. <br />3. In the period 1980 -1990, the population in <br />the census tracts comprising Expansion <br />Area No. 1 declined 11 %, or more than <br />one thousand persons. In 1980 the <br />population was over 10,400; by 1990 the <br />population had declined to under 9,300. <br />4. In 1980 the median value of owner <br />occupied housing units within Expansion <br />Area No. 1 was $16,500, or only 63.4% of <br />the Oty -wide median of $26,000. In 1990 <br />the Oty median value increased to <br />$40,000, while the median value in <br />Expansion Area No. I only increased to <br />$26,000. <br />5. In 1991 a survey of the exterior condition <br />of all housing in the City of South Bend <br />was conducted. The survey classified <br />housing on a four segment scale which <br />ranged from "sound" (no apparent <br />deficiencies or needing only minor repairs) <br />to "substandard" (deteriorating or <br />dilapidated). For the city as a whole, only <br />about 1.5 % of all units were classified as <br />substandard. In the census tracts <br />comprising Expansion Area No. 1, <br />however, 4.6% of the housing units were <br />considered substandard, more than three <br />-14- <br />