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Habitat for Humanity launches innovative affordable housing model

October 07, 2024 | New Canaan, Fairfield, Connecticut


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Habitat for Humanity launches innovative affordable housing model
In a recent government meeting, officials discussed the ongoing efforts to provide affordable housing in Fairfield, emphasizing the importance of community ties among potential homeowners. The local Habitat for Humanity affiliate highlighted that while there is no strict residency requirement for renters, homebuyers must have lived or worked in Fairfield for at least two years prior to purchasing a home. This policy aims to ensure that buyers are invested in the community.

The meeting also touched on various housing models, including community land trusts, which Habitat affiliates across the country are utilizing to create affordable housing solutions. The focus remains on developing lower-density housing that aligns with existing zoning regulations and the character of the neighborhood.

A significant point raised was the affordability plan under the Housatonic model, which allows homeowners earning between 30% to 80% of the area median income (AMI) to purchase homes without ongoing income tracking. Although there are no deed restrictions to maintain affordability indefinitely, Habitat retains the right of first refusal to repurchase homes, ensuring they remain within their portfolio.

Officials noted that these homes would qualify as affordable units under state guidelines, which is crucial for securing moratorium points. The discussion highlighted the unique position of Habitat for Humanity in targeting homeownership for families earning below 80% AMI, with plans to restrict some new units to households earning 60% AMI.

The meeting concluded with a call for community input, encouraging residents to engage with Habitat to determine the best use of available land for future housing projects. This collaborative approach aims to address the pressing need for affordable housing while respecting the community's needs and preferences.

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