Affordable Housing, Community Development

4/11 IForum: The Peril and The Potential of The New Housing Market

 

The 2013 IForum series, organized by the Partnership for Strong Communities continues with its third event on Thursday, April 11. (Rescheduled from March 8 due to inclement weather)

The Peril and The Potential:
How the New Housing Market Could Affect Towns, Residents and Revenue-Raising

Organized by the Partnership for Strong Communities in cooperation with the UConn Department of Economics and the Connecticut Conference of Municipalities.

(Note to planners: APA CM credits pending)

As home prices have fallen in the wake of the Great Recession and housing downturn, many municipal grand lists in CT have contracted or flattened. And as home sales have started to pick up, sales prices have lagged.

Will home prices ultimately recover to pre-downturn values and then rise further?

Or will the demand for single-family homes stay weak – and their values depressed – because grandmas and grandpas, young workers, families and other potential buyers don’t want, or can’t afford, anything more than a modest rental or ownership opportunity?

If home values don’t increase – and grand lists stagnate or shrink – municipalities will have three options: increase mil rates, reduce services or create a wider array of housing options to meet market demand.

The UConn Department of Economics, CT Conference of Municipalities and Partnership for Strong Communities will offer potential solutions in the spring edition of the publication Connecticut Economy.  This event will dig deeper into those solutions, to uncover how municipalities can manage change, develop what the market wants, and maintain strong fiscal health.

Thursday, April 11, 2013 - Click here for an event flyer
The Lyceum. 227 Lawrence Street, Hartford, CT (Click here for directions)

  • 9:30-10:00 a.m.  Conversation, coffee
  • 10:00-12:00 p.m.  Program

The event will feature:
- Presenters

  • Dr. Steven P. Lanza - Executive Editor, The Connecticut Economy
  • Orlando Rodriguez - Senior Policy Fellow, CT Voices for Children

- Expert Panel

  • Katherine Daniel - Community Development Director, Town of Brookfield
  • Laura Francis - First Selectman, Town of Durham
  • William Fritz - First Selectman, Town of Clinton
  • John Pagini - Director of Community Development, Town of Bolton

Event is free. We expect strong attendance. Register now: laura@pschousing.org.  (If you do not receive an email confirmation within 2 business days, please contact Laura Bachman at 860-244-0066.)

Click here to read more about the 2013 IForum Series

 
 

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