Land Development Congregate Housing Life Centers Tiny Homes Micro Apartments Zero Energy We Buy Land
What the world needs now is housing that is affordable by design.
There is a lot of talk about affordable housing in Connecticut. Government programs for assistance, deed restrictions the list of solutions is long and tedious. I believe what the world needs now is housing that is simply affordable by design. Revamping zoning regulations that simply allow for smaller units within a larger building. Old school terms like apartment building or condominium need to be recognized as viable solutions, and they need to be allowed in more zones. Tiny homes and micro-apartments can be grouped together for people of all ages providing a sense of community and comradery. Health and safety come first so a design review is perfectly welcome. Simply saying no affordable housing in my town should not be an option. – Steve Schappert
Want to help make a difference? Contact Alizandria Rodriguez Greene 203-565-2110
Benefits of Affordable Housing: “Regardless of if you already own a home or can comfortably afford rent, affordable housing options benefit all of us by making our economy and middle class stronger. When outsized housing costs eat up a family’s budget, there’s little wiggle room left for discretionary spending. When people have fewer extra dollars in their pockets to spend at local restaurants, shops and service providers, the entire economy suffers the loss in revenue, as does the state with the loss of sales tax. If we want to keep a strong middle class in Connecticut – and in turn build a thriving economy – we need housing options that work for people from all walks of life.” – The Partnership For Strong Communities
Data on housing and affordability for each of Connecticut’s 169 towns and cities: The Partnership for Strong Communities’ Housing Data Profiles is a free resource to help Connecticut residents, developers, legislators, municipal officials, and others make data-informed decisions. Profiles are available for every town in the state, as well as each county, and the state as a whole.
“The Connecticut Department of Housing, together with Regional Plan Association and partners across the state, have worked together to create this guidebook to help municipalities develop their local affordable housing plans, as required by state statute § 8-30j.” – Planning For Affordability in Connecticut
Connecticut Affordable Housing FAQS, Learn Why:
- What Is Affordable Housing? How Is It Different From Supportive Housing?
- What Is The Affordable Housing Land Use Appeals Procedure (C.G.S. Section 8-30g)?
- Why Is Affordable Housing Good For My Town And The State? Who Really Benefits From Affordable Housing?
- Does Affordable Housing Make Other Taxpayers Pay A Larger Share Of Municipal Services Costs?
- Why Are So Many Young Adults Living At Home With Their Parents?
- Why Should Housing Be Close To Transit?
- If My Town Doesn’t Have Transit, Why Should We Care About Affordable Housing?
- How Can Increasing Housing Stability Help Close The Achievement Gap?
- Connecticut Is Already Crowded, Why Do We Want To Attract More People To Live In Our State?
Micro Apartments, Small & tiny homes
a. Green Building Systems – a cost-effective “green” construction technique that utilizes advanced technology, quality materials and a controlled work environment to build wall panels and construct energy-efficient, durable homes and buildings in less time with less waste at affordable prices.
b. Alternative Energy Systems – supplying and implementing alternative power sources, including hydrogen, geothermal, solar, fuel cell, photovoltaic, electric, wind and hydro methods.
c. Sustainable Landscaping – provides design solutions while preserving natural resources, including the diverting of rainwater; green roof technology; environmental restoration; conservation planning, and wetlands mitigation.
d. Environmentally Friendly Insulation – non-toxic insulation materials that do no damage to the environment during creation and end use, including soy icynene, cellulose and rag wool materials.
e. Eco Interior Decorating – interior decorating that utilizes organic materials that are sustainable and that promote indoor air quality.
According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that come with it. Here’s why.
The Supply of Newly Built Homes Is Rising
When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the inventory of existing homes is on the rise today, it’s still in tight supply, meaning it can be challenging to find just the right one.
The inventory of newly built homes, however, is also rising. And with more options available than there have been in years, a new home may be just the answer you’re looking for. The graph below shows just how much the supply of newly built homes has grown this year.
And here’s the thing – builders are also keeping a close eye on current market trends. With mortgage rates rising this year and, as a result, buyer demand softening, builders are slowing their pace of new construction. That’s because they learned their lesson in the housing crash of 2008 and want to avoid over-building and having too much inventory in their pipeline.
Basically, while there are more newly built homes on the market today than there have been in years, many builders want to sell their current inventory before adding much more – and that’s where you can really benefit. Today, builders may be more willing to work with buyers. According to a recent survey, 83% of builders have reduced their prices over the last three months.
Want to help make a difference? Contact Alizandria Rodriguez Greene 203-565-2110
What Does That Mean?
Newly built homes for sale coupled with the fact that the majority of builders are doing price reductions are great news. It means we may have more options and possibly some much-needed relief if you consider newly built homes in your search.
Resources:
- Affordable Housing Funds
- Rental Help
- Affordable Housing Programs
- Section 8 Housing for rent in Connecticut
Connecticut Real Estate Brokerage LLC. is making a giant investment into affordable housing in Connecticut. Do you own land in Connecticut? Let’s talk! Are you in search of an affordable place to live? Let’s talk!
Connecticut needs 85000 sf of affordable housing right now. If you built micro to medium-size units with an average sf of 500 that would be 42,500,000 square feet at $398 per sf (which is the national average cost to construct a 5-story apartment building). would be a $16,915,000,000 market. Connecticut Real Estate Brokerage LLC. plans on becoming a leader in that marketplace. A small group of thoughtful committed people will make that happen.
What will be your legacy? Will you truly make a difference? Don’t hesitate, step forward, join the group and let’s get to work. Mill Here is the thing we can show you how to do well by doing good. Do you own land in Connecticut? Let’s talk!
Want to help make a difference? Contact Alizandria Rodriguez Greene 203-565-2110
Investors and other non-licensed folks call
Call and Text Steve Schappert 203-994-3950
Email Broker@CTREB.com