Quantcast

New report finds demand for affordable housing increasing

housingreport488
HARTFORD, Conn. – Though the state has made strides in developing affordable homes, there still isn’t enough supply in Connecticut to meet demand, according to an annual report released last week.

Many households continue to struggle to afford rent and mortgage payments, according to the Partnership for Strong Communities’ “HousingInCT2015” report.

Connecticut’s “housing wage,” or the wage needed to afford a typical two-bedroom apartment, rose to $24.29 an hour, the eighth-highest in the nation and up from $23.02 last year, according to the report.

See the complete story at CT News Junkie.

Comments

Leave a Reply


Recent Comments