2023 Municipal Trends and Opportunities - Affordable Housing
2023 has brought many challenges for the Garden State—and with them, new opportunities to serve the people who live here.
One persistent need has been affordable housing. With higher population densities and lower vacancy rates, the northeast is feeling the national housing shortage and rising eviction rates.
How do you address this issue? You need a multifaceted approach.
First, stakeholder involvement is key. Local elected officials, public housing agencies, private developers, and other redevelopment parties all play a role in long-term solutions. Another critical aspect is getting a handle on the ever-changing landscape of federal and state regulations.
But even with these complex needs, there are opportunities to build partnerships and find creative, sustainable solutions—and that’s where MS&B comes in.
For more information about our work in housing matters, visit ▶️ https://bit.ly/3QSWckP