Fairfield Collaborative for Affordable Housing managed by LISC, key to solving affordable housing problems in Connecticut.

The Fairfield County Collaborative Fund for Affordable Housing brings together organizations, ideas, and resources to solve the housing problems in Fairfield County, Connecticut. Led by Connecticut LISC and supported by private funders such as RBS and Citizens Bank, the Fund supports affordable housing projects in Stamford, Norwalk, Bridgeport and Danbury.

Op-Ed: Cooperation is the key to solving housing problem

23 Mar 2012 - StamfordAdvocate.com

Excerpt:

If you want to be incrementally better, be competitive. If you want to be exponentially better, be cooperative.

This adage, its author unknown, reflects the effective strategy that has been implemented to address this region's most pressing issue: the lack of high-quality affordable housing. When the public and private sectors work together with the nonprofit community, real and sustained change can be achieved. While there is still plenty of work to do, this collaborative approach is making a difference in Fairfield County.

Fairfield County has a well-deserved reputation as one of the most desirable places to live -- in Connecticut and in the United States. This region is the home to a number of world-class employers. Fairfield County is also home to a number of high-performing school districts, and a vibrant arts and cultural environment. And all of this is located in very close proximity to Long Island Sound and all that has to offer.

While no one would dispute that Fairfield County is a wonderful place to live, work, start a business or raise a family, this region is one of the most expensive housing markets in the country. According to the National Low Income Housing Coalition, the Stamford-Norwalk metropolitan area is second only to San Francisco as the most expensive in the United States. The organization estimates that a family would need an annual income of $72,000 to afford a two-bedroom rental. Continued[+]...

> Read the full Stamfordadvocate.com article.

> Visit the Connecticut Statewide LISC website.

Article Type: News