ABC57 News in South Bend, Ind. covers all of Michiana including St. Joseph, Elkhart, Kosciusko, LaPorte and Marshall counties in Indiana and Berrien, Cass, Van Buren and St. Joseph counties in Mich.
This year alone, about 300 of the state's low-income housing tax credit units are set to lose affordability requirements. By 2033, more than 5,000 are scheduled to expire, according to data from the Connecticut Housing Finance Authority.
As Connecticut grapples with how to add affordable housing, the next few years will likely bring questions about how best to preserve the stock that already exists.
The state is at risk of losing more than 5,000 affordable housing units in the next five years, according to estimates from the National Housing Preservation Database.
Rules that require certain housing units to be rented at affordable rates will expire on thousands of units, while other units are likely to fall into disrepair and become unsafe.