A task force of Danbury officials have received a report that the city needs at least 330 new homes and 425 new apartments over the next decade to keep pace with a projected 6 percent increase in population. Danbury's population has grown by 13-percent over the past decade.
Consultant RKG Associates presented the data to the task force considering a 10-year master plan last week. The organization believes demand for both rental and owner households will continue well into the future. 58 percent of Danbury homes are owner occupied, and 42 percent are renter occupied.
The median gross rent increased by 23 percent over the last 10 years to more than $1,400 per month. The median value of owner-occupied housing in Danbury declined 12 percent over the last decade.
The task force will work throughout the summer with another briefing on the City's latest socio-economic data. Danbury officials will seek public comment on the growth and preserving community character plan, which is located online at danburypocd.com.