Report: Affordable housing limited in more than half of Conn. towns

This map, from the Partnership for Strong Communities, illustrates the gap between the state median income, and the income needed to qualify for a mortgage to buy a house at the median price in that city or town (click to make the map bigger)

A new report from the advocacy group Partnership for Strong Communities says Connecticut’s median income in 2011 ($70,705) wasn’t enough to qualify for a mortgage in just over half of the state’s cities and towns (based on the median price in that town). You can hear about the study here:
According to the story, the three least affordable towns — Greenwich, New Canaan and Darien — had median home sale prices over $1 million. Those towns all had median household incomes over $120,000. As we’ve previously reported, Connecticut Governor Dannel Malloy has made a commitment to improve access to affordable housing in the state.

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