When we think of affordable housing, we often think of the benefits that people living there receive: a secure, safe place to live that meets their budget and where they can set and achieve their goals. But there’s a significant economic impact from which we all benefit — jobs, sales and payroll taxes, local economic development and vibrant communities.
In Housing and the Economy: The Statewide Ripple Effect, we tell this story of how affordable housing development and preservation adds value to the bottom line, with real examples from communities across the state. It’s the fifth and final in our series of papers describing the intersection of housing with other public policy priorities.