Tuesday, Jul 24 2012 1:13PM
Results from a study conducted by MBA graduate student Rob Schimmel at the University of Texas at Austin investigated a variety of water management, conservation and cost problems to determine the actual cost of water and how they compare to funds provided to low-income housing tenants.
Results from a study conducted by MBA graduate student Rob Schimmel at the University of Texas at Austin investigated a variety of water management, conservation and cost problems to determine the actual cost of water and how they compare to funds provided to low-income housing tenants.
The study focused on how water use and costs will evolve throughout future water shortages, which are affecting many rural communities throughout the country.
"Water data available today is sparse error-prone and inconsistent," said Schimmel. "Given the fact that no clear federal role exists for the measurement of water quantity, our best option is to inform our macro view with disparate data collected by local water agencies."
Much of public debate regarding water use and costs revolves around promoting conservation, but Schimmel says water sub-metering in the multifamily market has proven to be a large component for improving water-conserving habits.
Results from the study show that there will likely be a significant lack of funding in Section 8 water allowances when considering predicted usage and costs.
While the study focused on counties in Texas, results may spark additional studies in rural communities nationwide.
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NWP Services Corporation