The Lower Naugatuck Valley of Connecticut is in the mist of a significant economic and demographic shift. Housing prices are outpacing job income by 300%, the region’s labor force is commuting farther than ever, manufacturing jobs are being replaced with a diversity of jobs, and younger workers are leaving the region. This report analyzes the details of these changes, projects housing supply and demand for the next 20 years, determines local affordability rates, and details specific recommendations for new affordable housing construction.
