Segregation and Pricing Challenges Affecting Connecticut’s Affordable Housing Projects
Connecticut residents are constantly complaining about the state of affordable housing in their area. With growing families and inadequate incomes, the residential housing sector is lagging in numerous ways. At the same time, regional housing plans for urban centers and wealthy communities are bound to enhance segregation within the state. It is a growing cause for concern as the demand for affordable housing is constantly on the rise. According to Connecticut’s National Low Income Housing Coalition, a significant percentage of the state’s renters are under severe burden. With minimum wages being $624 a month against $1,152 fair market rent for a single bedroom apartment, almost half the income goes towards rent leaving little for other expenses like healthcare, education and various basic necessities. Minimum wage workers need to devote at least 74 hours a week to their job in order to afford a modest 1-room rental in the state. These statistics depict just a tip of the iceberg. Here are some other problems that are plaguing the state’s affordable housing industry at present. The Housing Crisis Is Not a New Problem The Connecticut affordable housing crisis has been building for… Read More »Segregation and Pricing Challenges Affecting Connecticut’s Affordable Housing Projects