The CSPDC recently published a housing study for its five-county region. The Regional Housing Study is the culmination of a major collaborative effort among CSPDC staff, local governments, housing stakeholders and consultants, and includes analysis of local and regional trends as well as solutions to the unique housing supply and affordability issues that its member localities are facing.
Funded by a grant from Virginia Housing, the study was developed by industry experts at Virginia Tech’s Center for Housing Research and HousingForward Virginia. The Regional Housing Study is a detailed analysis tailored to the region and its distinct housing markets. The study team worked closely with local staff and regional stakeholders and engaged in extensive outreach to develop solutions to market challenges that align with local goals and build on existing plans and interests.
CSPDC Chairman and Lexington Mayor Frank Friedman highlighted the critical need for accessible housing in the region and the role the housing study could play in supporting localities, stating, “Ensuring a steady supply of housing, including workforce, affordable, and market rate housing inventory remains a top priority for localities across our region. The release of the CSPDC Housing Study offers County, City, and Town staff reliable insights into housing challenges, viable solutions, and actionable steps toward implementation. This study will undoubtedly become a vital resource in our region’s ongoing efforts to ensure housing stability and continued growth.”
“The release of CSPDC’s Housing Study marks an important milestone for the Commonwealth’s largest planning district, providing localities with a strong foundation to address the region’s diverse housing needs,” said Virginia Housing Director of Strategic Housing Chris Thompson. “Virginia Housing is proud to support this important regional initiative.”
To read the study, visit CSPDC Housing Study | CSPDC Connects: Planning Together