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HOMES FOR WORKING PEOPLE
from Case for support 2
by Yarrow Brown
In 2020, a Target Market Analysis housing study revealed that more than 15,000 housing units will be needed across our service area over the next five years to meet existing demand. The most pressing need is for homes priced below $200,000 or rental units costing less than $1,000 per month, an appropriate amount for a household with an income of $40,000 or less.
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10,880
Rental Units Needed
4,660 OWNER UNITS NEEDED
Our area simply doesn’t have adequate amounts of the type of housing many people are looking for: smaller homes, apartments, duplexes, and other rental options. Empty nesters, retirees, and young people just starting out would all benefit from these housing options. Unfortunately, funding, current zoning laws, and local politics often limit these types of housing solutions.
These regulations and restrictions served another time, when our area was quite different. We need solutions for today: private-sector solutions that authorize new revenue sources and tax incentives, and public-sector solutions like changes to local zoning and other policies that streamline the process for builders.
