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Cost of housing in Connecticut a problem for all generations

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Whether you a part of the new technological age, a member of the baby boomer population or well into retirement years, cheap jerseys the high cost of housing is having the same effect on people of all ages; it not affordable.

With more than 33 percent of households renting in the state, the need for affordable housing has increased in recent years, and that need is recognized by residents throughout New Haven County.

Two out of five homeowners are spending more than 30 percent of their income on housing, according to David Fink, policy director for Partnership for Strong Communities.

doesn leave much left over for food, clothing, healthcare or transportation, Fink said.

Nonprofit organizations like Partnership for Strong Communities are working to ensure those who need and want affordable housing have an opportunity to get it.

One construction in the town of Wallingford provides a good example at how affordable housing keeps older residents in place and brings in another generation.

Wallingford built Olde Oak Village in 2003. The free standing, affordable condominiums is nestled among three side streets in the town.

Elanor and James Franco of Lily Lane moved from their large home into their condo because they needed to downsize.

just couldn take care of our larger home anymore, said Elanor Franco.

She said she is happy with the new location and noted among other qualities the neighborhood is pretty quiet.

bothers anyone here, she said.

Susan Campbell, communications and development director for Partnership for Strong Communities, and Fink said without these affordable units, communities are losing young and older generations.

According to the Partnership, building affordable housing makes sense for growth and to keep Connecticut residents in place. The Partnership cites as an example that while in 2011, the median household income for most residents in Connecticut was too low for them to qualify for a typical mortgage for the median priced home in 54 towns and cities, that is down from 96 communities in 2010.

housing prices in Connecticut are Female Cialis cheapest nolvadex purchase http://www.cheapjerseys11.com/ ridiculous, Campbell said. people can age in the place they call home, and young adults can afford to move back to their hometowns if they want.

Cynthia Camp and her family hadn planned on moving into their house on Sycamore Way, but after visiting Olde Oak Village while it was in its early construction phase, changed their minds.

Camp said after sharing a house with her mother for years, she and her husband decided to move into something smaller.

love living here, she said. limited yard space to take care of and small driveways to shovel when we get three feet of snow, Camp said.

While some areas throughout the state have established mixed income housing, Fink said there still a lot of work to be done.

Without modestly priced rental property available, young adults aren able to benefit from what available.

However, Fink noted, times are changing.

More income suburbs, like the Middlesex area, which includes towns like Durham and East Haddam, are looking to add mixed income housing to their communities.

pressure on these towns to create smaller, denser, more affordable housing so they don lose residents, Fink said.

In order to market units and make them more appeasable to suburban residents and officials, organizations like the Partnership create strategies to ensure the character of the communities will remain the same.

For example, four out of five living units are priced at the area market rate, while one unit will be listed as which will be marketed to people who work as teachers, police officers, journalists and other professions.

shows people that the two income levels can live together without issue. Then, more people understand it and want to see it in their communities, Fink said.

Guilford, a shoreline community, held a panel discussion for those interested in the benefits of bringing in mixed use housing last month.

Currently, only 2 percent of housing in Guilford is considered affordable.

While affordability wasn a major issue for Camp, she said staying in the general area where she grew up and raised her family was important.

grew up in Hamden, so this was convenient, she said. work at Stop Shop, and you never know where they going to transfer you to. It worked out because my husband was transferred to the store in Wallingford.
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