Defining ‘Affordable Housing’ in Williston, Vermont

CLIENT:

Town of Williston

As part of their affordable housing planning process, the Town of Williston needed definitive data and analysis that clearly documented affordable housing for their community. Our work researched and analyzed the annual and monthly wages for 379 occupations. We analyzed housing sales, Fair Market Rents, and the elements of affordability including: local utility costs, insurance rates, mortgage rates, and property taxes. Finally we determined the “affordability gap” between affordable housing costs and the ability to pay for a wide range of job types.

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TEL: +1-802-657-3720EMAIL: michael@craneassociates.us