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Image Placeholder <br />20COMMUNITY BACKGROUND2040 COMPREHENSIVE PLAN UPDATE <br />DRAFT Dec14-17 <br />for review only <br />DRAFT Dec14-17 <br />for review only <br />Housing <br />The housing market in Hugo has evolved significantly in the last 20 <br />years� The increased demand for housing in the 2000s dramatically <br />diversified the housing stock. The City currently provides a number of <br />housing types that serve a wide range of residents� While new housing <br />development slowed after 2008, and housing prices declined, the <br />market has started to recover� As of 2010, the U�S� Census Bureau <br />found that there was a total of 5,189 housing units in Hugo and that <br />number was estimated to increase to 5,592 by 2015�