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How can more affordable houses develop in Corpus Christi?

Posted at 11:01 AM, May 16, 2019
and last updated 2019-05-16 14:20:30-04

 

Corpus Christi’s job market is strong with more than 4,200 jobs added since Hurricane Harvey.

But, economic development experts say that opens the city to another problem.

As businesses bring more jobs to the city, concerns grow about where to house those workers.

According to the Corpus Christi Economic Development Corporation, there aren’t enough affordable places to live here.

Corpus Christi’s median household income is less than $50,000 per year. But the median home price is more than $200,000 and the average apartment is close to $1,000 per month.

So what can be done?

We’ll ask city leaders that question and share the answer tonight on KRIS 6 News.

According to the economic development corporation, Corpus Christi needs between 1,100 and 1,500 affordable units every year to keep up with the demand.