The El Paso City Council convened a work session on Monday, August 31, 2026, at 9:02 a.m. in Council Chambers, with Mayor Renard U. Johnson presiding. The meeting included a detailed housing market analysis presentation by the Concord Group (prepared for Housing Opportunity Management Enterprises – HOME) and discussion and approval of amendments to the city’s State Legislative Agenda for the 90th Texas Legislative Session. The council also recessed into executive session to discuss six items, returning at 4:45 p.m. to take action on several. The work session adjourned at 4:49 p.m.
Good morning, Miss Prime. I believe we're ready to go. Good morning, Mayor, and good morning, everyone. This is a work session of the El Paso City Council for Monday, August 31st, 2026. It is 9 02 a.m. Mayor Johnson is present and presiding in Council Chambers along with Mayor Pro Tem Chavez, Representative Maldonado Rocha, Representative Nino, Alternate Mayor Pro Tempiero, and Representative Limon. Representative has requested to be excused from today's meeting. Mayor, we have a quorum. Okay. To the flag of the United States of America. And to the Republic for what it stands under God. Individual liberty. Okay, Ms. Brian Bully, that takes us to item number one. Item one is presentation and discussion by the Concord Group on a 2026 report on market rate rental, affordable rental, and for sale market analysis for the El Paso, Texas Metropolitan Statistical Area as prepared for housing opportunity management enterprises home. Good morning. Thank you very much for allowing me to be here. As you know, I work for the housing authority CEO, I'm Jerry Sishon, our representing uh home, and uh wanted to have a chance to to bring to you some information. Uh we have recently um partnered with the Concord Group. They are the one of the national leaders in market analysis. Uh so as we move forward, we use them a lot for our analysis of to help us determine where we're gonna build, what we're gonna build, the type of housing we're gonna build, trends within El Paso. Uh I know that uh you all have had a recent housing study. A lot of that was focusing on single family homes. Uh a lot of this is focusing on multifamily. Uh I really want to show you the number of units, what's happening, and why with the demographics. Uh, Tim uh Cornwall is the principal on this. He's gonna be actually providing the presentation. Uh I know you probably have this presentation in your book. It's like 90 pages. He's gonna manipulate it and bring it back and forth so you can see exactly what he's saying and why. Um there's uh there's a lot of information in here, as you know, the rents in Al Paso have gone up almost seven percent in the last 12 months. Uh it's hitting our people really, really hard. Um and we really want to explain to you exactly what's happening and why and what you can expect to have happen in a multifamily market over the next uh five and ten years. So with that, I'd like to turn it over to Tim uh Cornwall from the Concord group. Thank you. Thank you, Chair. Great. Uh good to see everyone, and thanks for the time uh this morning allowing us to talk to you. So hopefully you all can see my screen. I'm going to go through sort of our you know conclusions and findings as it relates to where this market is and where it's ultimately going to. I I really believe that death by PowerPoint is not the best way forward, so I invite anyone to interrupt and ask questions and you know, challenge us as we go through these data. I think it is a extremely striking time as it relates to some of the demographic substitution effects that we're seeing and what it means for our housing markets, right? So as we think about you know what this presentation does, it's really all about where we have been for sure, but more importantly, what's coming next. So let me make sure that everything's working. Um I think you can see, yep, you can see my screen changing. So where we have to start as we think about the executive summary of some of our major findings is these, you know, demographic realities, right? So when we look at the city of El Paso as we as we go through kind of the existing demographics, it's about 670,000 people living in 257,000 households. What we find extremely interesting is if you look at the growth that's projected by a variety of third-party syndicated demographers, the the source that we buy and pay for as we look at sort of where this market ultimately is moving. What we find extremely interesting is if you look at the growth that's projected by a variety of third-party syndicated demographers, the source that we buy and pay for as we look at sort of where this market ultimately is moving, we're seeing a net growth from a population perspective for the next five years of only one tenth of one percent, right? Extremely flat growth.