Commissioned by the Guam Housing and Urban Renewal Authority in late 2019, the Report was completed by Hawaii-based SMS Research and Marketing Services and Guam-based PCR Environmental in February 2020.
The Study includes a description of Guam’s current housing conditions, the prospects for growth in Guam’s housing stock through 2040, and an exposition of the expected impact of a proposed military buildup on Guam between 2024 and 2026.
“The Study reaffirms our belief that we have a huge shortage of affordable homes on Guam. My management team and I have been talking to the GHURA Board and the Administration about our plans to aggressively address this issue,” said Executive Director, Ray Topasna.
“We will be talking to the U.S. Department of Housing & Urban Development Authority very shortly, and are optimistic that HUD will support some of our proposals. It should also be noted that the second phase of the study, the Fair Market Rents Assessments, is ongoing and will be completed shortly,” he said.
GHURA wishes to thank the public for their generous participation in phone and mail surveys conducted for the study.
We gratefully acknowledge the assistance of numerous government, private, and non-profit organizations for their time and assistance extended to the SMS/PCR team in pursuit of good data for this study.
The study is available on GHURA’s website at www.ghura.org.