HOPE Partnership is a non-profit organization that develops, facilitates, and advocates for affordable housing in Middlesex County and along the shoreline.
In the 20 years since HOPE was founded, housing went from something that was seldom, if ever, referred to in the public policy arena, to a top priority all the way from municipal to federal levels of government.
Similarly, there are models of development that are working in certain regions that could be easily adopted in others! HOPE's region shares characteristics with pretty much every part of Connecticut outside of the urban centers. We'd be happy to share our approach!
This week we were lucky enough to be connected with some amazing researchers who provided us with some rental housing data from CoStar Group Via CHFA. In the Southern Middlesex County area, the average cost for a rental unit was $2,706 for the second quarter of 2024.
Preliminary applications for Wellington at Madison will be accepted until 11:59 PM tonight (7/19) via email and fax (and USPS postmark). Please visit the website for the application and full details:
https://t.co/IjATwH3q91
(1) There has been a huge volume of interest in our Wellington at Madison community, which is being developed by The Caleb Group and HOPE, so here is some clarifying information:
1.) The application opening tomorrow is a screening application that is 2 pages long.
(2) It only requires basic information about the people in a household and the total household income and assets. Once the initial waitlist has been composed from the screening application process, qualified applicants will have ample time to collect additional documentation
The Wellington at Madison application period is opening. Please read all the instructions under "Application Instructions." Questions should be directed to [email protected] or 860-951-2423 ext. 334.
Wellington at Madison | hopepartnershipct (https://t.co/mPoU7Q4oCX)
These are the 10 housing markets where prices have jumped the most since 2022—and 10 where they have fallen the most, reports Lance Lambert. https://t.co/fa6MeETneC
Last week we celebrated 20 years of HOPE Partnership with a lovely night at The Kate. We also honored some long time volunteers with "Builders of HOPE" awards!
US home values are up 4% over the last year, but that's not been evenly spread throughout the country—CA is up 6.4%, while TX is up only 0.6%
Price growth has been fastest in the northeast—CT is up 11.5% followed by NJ, MA, NH, & RI
Meanwhile, only LA & DC have seen prices fall
@seanghio We at HOPE recognize there's a need for all types of housing in CT, but we also know that folks in different communities have different expectations of what their built environments look like. But zoning restrictions can make these variations harder to achieve, in practice.
@seanghio To go through 18 months of planning and approvals with the possibility of additional delays from oppositional litigation - it makes these projects inviable.