Lamont Has $50M Plan For Affordable Housing In Connecticut

Apr 13, 2021

Connecticut Governor Ned Lamont said he plans to put nearly $50 million in state funding toward affordable housing.

Lamont said the funds will allow developers to build hundreds of affordable housing units in 11 Connecticut cities and towns. They range from 10 units in Salisbury, in the state’s northwest corner, to more than 250 in the capital of Hartford.

Lamont said more affordable housing is good for the economy, for families and helps efforts to end homelessness.

Critics and housing advocates said Connecticut has some of the least affordable housing in the country, especially in smaller and wealthier towns. The federal government considers housing affordable if it costs 30% or less of its inhabitants’ income.