Session 8- Converting Strip Malls Into Housing 4.26.23.mp4
The extremely tight housing market – too little supply for so much demand – has had a troublesome and sometimes tragic ripple effect. The failure of Connecticut municipalities to create more homes at all levels has limited home-buying inventory, driving up prices and driving would-be buyers into the rental market. That in turn has driven up demand for limited rental supply, in turn driving up prices and driving many households and individuals into homelessness. So, this session will explore the issue, and offer a solution. Three regional leaders in providing housing and services for those who become homeless will describe their work – and how SCRCOG towns can help them – and the author of a Boston-region study will describe the huge potential in converting aging and often vacant strip malls into multifamily housing in advantageous locations!