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^ South Bend Redevelopment Commission <br />!regular Meeting - February 4, 1994 <br />6. NEW BUSINESS (Cont.) <br />c. continued... <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% <br />of the City -wide median of $26,000. In <br />1990 the City median value increased to <br />$40,000, while the median value in <br />Expansion Area No. 1 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 <br />repairs) to "substandard" (deteriorating or <br />dilapidated). For the city as a whole, <br />only about 1.5 % of all units were <br />classified as substandard. In the census <br />tracts comprising Expansion Area No. 1, <br />however, 4.6% of the housing units were <br />considered substandard, more than three <br />times greater than the city -wide <br />percentage. With only 8.3 % of the City's <br />housing supply, the census tracts <br />comprising Expansion Area No. 1 contain <br />about one -third of the City's substandard <br />structures. <br />-20- <br />