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Harris to Call for 3M New Homes in Next Four Years

Harris to Call for 3M New Homes in Next Four Years

by The Associated Press | Aug 16, 2024 | Commercial & Industrial, CR Daily, Industry News

The Democratic presidential candidate plans to pitch a tax break for housing developers if elected, pass legislation to slow rent increases and provide a $25,000 in down-payment assistance for first-time homebuyers.

Blumenthal-Backed Bill Would Fund 273K New Homes Per Year

Blumenthal-Backed Bill Would Fund 273K New Homes Per Year

by James Sanna | Jul 30, 2024 | Commercial & Industrial, CR Daily, Industry News

An analysis of a new bill proposed by Sen. Elizabeth Warren would fund 273,000 new affordable housing units per year over 10 years, according to an analysis by Moody’s Analytics commissioned by Warren’s office and released Monday.

Greater Hartford Short 13K Homes, Not Making Progress

by James Sanna | Jun 25, 2024 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

A new estimate by housing economists at Zillow found that the Hartford metro area barely made a dent in its housing shortage last year.

Blumenthal-Backed Bill Would Fund 273K New Homes Per Year

State Posts Highest Number of Housing Permits Since 2015

by James Sanna | Jan 31, 2024 | Commercial & Industrial, CR Daily, Industry News

For the second year in a row, Connecticut towns and cities issued building permits for over 5,000 homes, according to new Census Bureau statistics analyzed by the state Department of Economic and Community Development.

Report Shows Wide Divergence Between Hartford, Suburbs’ Housing Production

Report Shows Wide Divergence Between Hartford, Suburbs’ Housing Production

by James Sanna | Mar 15, 2023 | Commercial & Industrial, CR Daily, Industry News

Despite the growing number of apartments in downtown Hartford, the region’s multifamily development scene remains firmly a suburban phenomenon.

Lamont Plugs $600M Housing Plans in Bridgeport

Lamont Plugs $600M Housing Plans in Bridgeport

by The Commercial Record | Feb 17, 2023 | Commercial & Industrial, CR Daily, Industry News

Gov. Ned Lamont visited Bridgeport Thursday to tout a piece of his two-year budget proposal that would dramatically expand state spending on housing development.

Blumenthal-Backed Bill Would Fund 273K New Homes Per Year

Fewer Homes Under Construction as Builders Pull Back

by The Associated Press | Dec 9, 2022 | Commercial & Industrial, CR Daily, Industry News

Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts.

Multifamily, Single-Family Building Permits Surge

Multifamily, Single-Family Building Permits Surge

by The Commercial Record | May 29, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

New data from the U.S. Census Bureau shows construction permits for multifamily and single-family housing have surged statewide since the start of 2019.

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