58% of Mid-Hudson Valley residents believe their community is not committing enough resources toward increasing the amount of affordable housing.
This represents a considerable change from five years ago when just 48% of Mid-Hudson Valley residents believed there was a shortfall of resources from their community to address this issue.
A majority of residents in six of the seven counties believe funding for affordable housing is too low. The only exception is Greene County where 49% share this view and 40% of county residents think spending is about right.
Residents of Columbia and Ulster Counties are the least satisfied with current spending. About two-thirds of residents in both counties think funding is too low.
Two-thirds of renters who feel priced out of the housing market believe insufficient resources are being directed to address this problem in their community. This compares with half of those renters who still see homeownership as an attainable goal who share this view.
Nearly six in ten residents who currently own their home think more resources should be allocated for improving the availability of affordable housing. Interestingly, homeowners are more likely to believe that the community needs to direct more money toward this goal than renters who think they will eventually own a home.
Overall, many residents, regardless of income, age, race or ethnic background, are dissatisfied with the amount of resources their community is currently directing toward making housing more affordable.
