Connecticut offers incentives to build workforce housing amid 'critical shortage'

Steve Shapiro, a developer from Bridgeport, said a lot of companies want to move to Connecticut, but there's not enough moderately priced housing for their workers.

Frank Recchia and Robyn Karashik

Mar 16, 2024, 11:15 PM

Updated 132 days ago

Share:

Connecticut has been offering special incentives to developers to build critically needed workforce housing.
Steve Shapiro, a developer from Bridgeport, said a lot of companies want to move to Connecticut, but there's not enough moderately priced housing for their workers.
He said there's a $200 million state program offering low-interest loans to developers who want to build workforce housing, but municipalities need to establish regulations allowing for it.
He also said the regulations would give them more control over where the housing would be built than they currently have with other types of housing.
"I've already been in preliminary discussions with three of the six towns here in the Metro region about coming out with regulations for this type of housing. All three communities have been very supportive,” said Shapiro.
"With the huge shortages that we have, if we don't give the incentives to builders to build this sort of housing, none of this is ever going to be resolved,” said Jim Amann, Connecticut House speaker emeritus.
For more information on workforce housing, click here.


More from News 12