Why an investment in housing pays dividends for Massachusetts (Commentary)
In a commentary published today by MassLive, the Western Massachusetts Housing Coalition cites data from the Donahue Institute in a commentary calling for increased investment in housing in the area. The institute has estimated that the current 11,000-unit housing shortage will grow to 19,000 by 2025.
The institute's Greater Springfield Regional Housing Report Phase II represents analytical work on housing affordability that explores key topics in analytical detail, grounded in foundational information from the Phase I report in March 2021. The Phase I report uncovered from traditional secondary data a warming housing market in Springfield, but also that housing experiences and broader regional economic growth is not being evenly felt for different incomes and races of people in the Pioneer Valley region of Hampden, Hampshire, and Franklin counties.
Both report phases were completed for our client, WayFinders of Massachusetts.
October 03, 2023