Three Ways a Lack of Workforce Housing Impacts Communities
13 Nov 2024
News
A strong local economy thrives on a reliable workforce, which is difficult to maintain without attainable and accessible housing near places of employment. As housing prices continue to skyrocket, workers are opting for longer commute times and moving further away from communities that struggle to ensure housing supply keeps pace with the needs of a healthy workforce. In turn, communities of all types are taking hits to their economic growth.
From losing employees to fill positions at local businesses, to municipal staff that cannot afford to live in the communities they serve, the consequences of insufficient workforce housing are severe. Planning is part of the solution.
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