Average per-unit costs were $232,000, most for one-bedroom apartments, in a review of a U.S. Department of Housing and Urban Development program designed to build and preserve affordable housing.
The Department of Housing and Urban Development’s Housing Trust Fund program needs better oversight, according to a new report from the U.S. Government Accountability Office.
Connecticut lawmakers are taking aim at restrictive local zoning laws as part of a broader effort to address the state’s affordable housing crunch, but the move faces pushback from critics who say it would usurp local authority.
A proposal that’s being considered by the state Assembly would require cities and towns to conduct assessments on the need for affordable housing in their communities and come up with plans and zoning for a set number of units of affordable housing, based on the needs of the region.
Connecticut lawmakers are debating a plan that would offer property tax relief to senior citizens who agree to deed-restrict their homes as affordable housing.
The proposal, which cleared a key vote by the Legislature’s Housing Committee earlier this month, would allow seniors with household incomes of up to 80% of the area median income to “opt-in” to a program that deed-restricts their homes as affordable. In exchange, they wouldn’t be required to pay local property taxes.
As Connecticut has the sixth-highest median monthly housing costs, some residents and lawmakers are fiercely pursuing measures to prevent developers from building affordable housing units in their towns.
Renee Dobos, chief executive officer of Connecticut Housing Partners, told The Center Square that more than 30 years ago the General Assembly recognized steps should be taken to lead towns to recognize they have a responsibility to make housing affordable to essential workers, senior citizens, and a wide variety of others with diverse incomes.
Renters in Connecticut are short on options with prices soaring.
“Currently, Connecticut has a shortage of 85,000 units of affordable housing for those families that earn an income of 80% or below the AMI,” Renée Dobos, CEO of Connecticut Housing Partners, told The Center Square. AMI is an acronym for area medium income.
Democrats in Connecticut’s state House of Representatives are offering legislation they say will facilitate affordable housing and “racial justice,” though opponents of the measures say they will merely hamper local control of development.
One bill would mandate that municipalities permit housing containing a minimum of 15 dwelling units per acre within half-mile radiuses of rail stations. At least 10 percent of the units in such areas would be required to meet the state’s definition of affordable housing, i.e. that it costs an occupant no more than one third of his or her annual income.