Monday, February 18, 2019

Newsletter #11 - 2/9/19 - Housing Part I


Middletown Leads

Area #6 - Housing - Part 1



The guiding principles of the Housing area of the Comprehensive Plan are represented in the following Housing Vision Statement:

Residential development in Middletown will be planned and designed in a way that complements our heritage, preserves our natural resources, and enhances the quality of life of our residents. The town will have a balance of housing opportunities for all income levels that allows multiple generations to call Middletown home.


Housing - Goals, Policies, & Action Items


Recognizing the importance and its responsibility in promoting affordable housing, Middletown developed in 2013 a Ten-Year Affordable Housing Action Plan, which set forth its strategy to increase the town’s supply of affordable housing. The stated intent was to review the plan annually to ensure progress is being made.  Goals were as follows:
1.      Protect the existing supply of affordable housing
2.      Promote a balance of housing choices for all income levels and  
         age groups
3.      Increase the town’s supply of workforce housing
4.      Reduce housing costs while promoting more sustainable  
         development
5.     Appropriately site affordable housing
6.     Meet the state’s 10% requirement for low-and-moderate income 


Conditions Related to Housing

The Comprehensive Community Plan looks at multiple existing conditions that impact availability as well as new development.
Currently existing housing units include single-family, multi-family, apartment complexes of various sizes, and mobile homes.

Lot size determines density. The west side of town has high-density zoning while the east side is zoned low-density.

Occupancy rates are determined by year-round primary use. The percentage of rentals belonging to seasonal residents has increased substantially.

The majority of homes in Middletown are post-World War II construction.

The cost of the median priced home is out of reach for many. 

Housing is considered affordable if a family or person pays less than 30 percent of their income on housing-related costs.

The disparity between wages and home prices as well as rents makes it difficult for workers to afford to live in Middletown.

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