Real Estate In-Depth Feature: Welcome Home Westchester Campaign Launched To Combat Housing Shortage in Westchester County
“When it comes to housing, inaction has costs. Outdated processes in need of reform at the municipal level have costs. “The way we’ve always done it” has costs. Right now, Westchester residents are paying for all of them,” Tim Foley, CEO and Executive Vice President of the Building and Realty Institute said. “We believe that a multi-stakeholder campaign like this one can make the invisible visible, with respect to the everyday barriers to providing the housing we need, and encourage communities to make different, better choices to secure a Westchester that is welcoming to all who wish to live and work here – to our shared prosperity!”
“At the Westchester County Association, we are pleased to be working with Tim Foley and the Building and Realty Institute on its Welcome Home Westchester campaign. The WCA has identified the shortage of affordable housing as one of our region’s principal economic challenges and last year we revised our Real Estate Policy Playbook to include a separate section on this issue,” Michael Romita, president & CEO of Westchester County Association said. “Adequate housing impacts directly the availability of a skilled local workforce for our businesses and nonprofits. It is not simply that there is not enough residential real estate. It is that the cost of housing is fast becoming out of reach for middle-class families. That threatens the long-term health of our economy. The BRI has heard the call and are helping take on this challenge.”
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