April 24, 2015Rental Housing Update

Who thinksthat we have a

rental housing crisis?

Who has the housing solutions?

2010 2011 2012 2013 2014 20150

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marchjuneseptdec

Available Rental Units in ‘inner’ Upper Valley10,000 Rental Units in the Upper Valley

Rental Data Compiled by the Upper Valley Housing Coalition

• Strong and stable demand

• Lowest inventory in 5 years

• Recipe for rent increase

• Utility cost increased

• Wages remain unchanged

• Recipe for disaster

How much is too much?

“Housing availability and affordability for all residents

are critical components of the overall quality of life and economic stability for

communities in the Upper Valley.”

As the Upper Valley Lake Sunapee Regional Planning Commission reported in their recent housing needs analysis;

“In the Upper Valley Lake Sunapee Regional Planning Commission region, it is estimated that

between 3,800 and 4,600 new housing units will be needed between 2010 and 2020”

“…between 1,600 and 1,900 should be built with workforce needs in mind”

As the Upper Valley Lake Sunapee Regional Planning Commission reported in their recent housing needs analysis;

“According to projection models 10% of new units built

in the next 10 years may need to be

rental units.”

As the Upper Valley Lake Sunapee Regional Planning Commission reported in their recent housing needs analysis;

$6 Million Dollar Men: 2 Developers Plan Major Projects in Downtown White River Junction

Sunday, May 4, 2014 by Valley News

New Rental Units To Be BuiltHartford

YIMBY

Yes In My Back Yard

NIMBY

CAVE

“CLASP”

Citizens Learning About Solutions & Possibilities

WWW. UVHC.ORG