The state of Connecticut preempts local municipalities from implementing rent control. This is established in case law Old Colony Gardens, Inc. v. Stamford, 147 Conn. 60 (Conn. 1959).
Connecticut is home to over 3.6 million people.
More than 378,000 Connecticuters call an apartment home, with demand on the rise.
67% of extremely low-income renters spend more than half of their income on housing.
Between now and 2030, Connecticut will need to build 2,000 new apartment homes each year to keep up with demand.
Many states have adopted programs and initiatives to tackle the affordability crisis. In Connecticut, policymakers and the housing industry have made concerted efforts to address the problem. Examples include:
Useful information to help inform and guide the development of viable solutions to the housing affordability crisis.
Price controls are no remedy for inflation. Let’s not run this experiment again.
Samuel Dorman with Fox Business outlines former Treasury Secretary Lawrence Summers response to false claims about a rise in evictions.
Andrew Ackerman with the Wall Street Journal details how the U.S. Treasury Department plans to shift its rental assistance allocation strategy.