State could lose thousands of affordable housing units in next few years- 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.
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.
As numerous bills addressing housing affordability make their way through the state legislature, advocates say it’s because more people are recognizing the importance of fixing a broken housing system.
Housing advocates are concerned that a bill, which has garnered bipartisan support from members of the Housing Committee, would allow towns to include existing units temporarily in their calculations of affordable housing instead of putting new affordable units on the market.
House Bill 6777 got approval from the Housing Committee at the beginning of March. It would offer property tax relief to senior citizens who volunteer to deed-restrict their homes as affordable.