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Old Posted Nov 25, 2014, 4:27 PM
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Ex-Ithacan Ex-Ithacan is offline
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Join Date: Aug 2002
Location: Live in DC suburbs-Maryland
Posts: 22,142
I know affordable housing is a huge issue around the country, and as everywhere else, Ithaca is trying to deal with it. An Ithaca Voice article has this headline:

Report: Ithaca home prices soar by ‘stunning’ 51 percent in decade

Here's the link:

http://ithacavoice.com/2014/11/repor...ercent-decade/

While this is second highest in the nation, the city is poised to increase market rate housing in a big way. (hopefully dense and tall)

The hold-up is accommodating city/town/county rules requiring affordable units in new developments. Developers are having a tough time working the numbers and getting the financing. Kind of a no win situation.
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