Housing Market Conditions and Housing Needs in the City of Chesapeake, Virginia

Abstract

To assist the planning efforts of the City of Chesapeake, the Virginia Center for Housing Research (VCHR) was contracted to perform a housing market and needs analysis for the Chesapeake Redevelopment and Housing Authority.  This report summarizes the findings of that analysis, describes trends from 1990-2000 and projects growth from 2000 to 2010 and 2010 to 2020.  Although the report is a comprehensive assessment of housing conditions and trends, it focuses on affordable housing.    
 
Following a Summary and Recommendations, the report is organized into eight sections: population growth and migration; household size and composition; race and ethnicity; incomes and poverty; housing tenure, values and rents; housing problems; conclusions and recommendations.  The first three sections pertain mostly to the demographic characteristics of Chesapeake.  The following three sections examine housing trends in relationship to tenure, disability status, age and demand.  The last section examines the supply of housing and addresses whether the supply of housing is keeping up with projected demand.  The report concludes with a discussion of significant findings and recommendations.