Social and Behavioral Sciences Commons^™

The Housing Crisis And New England's Economy: State And Local Initiatives To Offset The Federal Retreat, Rebecca Stevens

New England Journal of Public Policy

Housing is a major economic factor for any region. Over the last several years, dramatically increased housing prices in New England have cast doubt on the region's ability to sustain continued economic growth. Indeed, New England's lack of affordable housing has caused labor shortages and other problems for New England businesses. With the federal government slashing its housing assistance in the 1980s, New England states and localities have started to address the region's housing problems by developing a variety of housing programs. But their resources are relatively limited and they are not able to expand the supply of affordable housing …