Background
The City of Indianola partnered with Confluence Inc., to develop the Indianola Housing Study and Needs Assessment (HNA). The assessment provides a wide-ranging analysis of the existing housing stock, market conditions and household demographics to produce actionable recommendations and strategies for housing initiatives. The vision of this housing study is to foster a healthy housing stock in which every resident is able to find quality housing options, promote housing choice, support Indianola's overall economic vitality and provide a high quality of life for all.
A series of projections were produced as part of this effort in order to better prepare for future growth, identify benchmarks for unit counts and affordability ranges and support the Future Land Use Plan. Identification of a residential target mix, and 5-, 10- and 15-year estimates for needed units and acres and needed price points by housing tenure provide framework for residential growth through 2040.
Actionable housing strategies and recommendations are provided in the plan to address challenges and opportunities within the housing market and improve procedures and processes related to residential development.