“REALTORS® along with many community members have been asking: What can we do together to facilitate the development of owner-occupied housing for our workforce; and is it possible to identify clear pathways, initiatives and partnerships to overcome barriers preventing the creation of owner-occupied workforce housing in Tompkins County?

On Thursday, November 29, 2018 over 100 community members representing: housing, planning, municipalities, financial institutions, and employers worked together to develop ideas about how to address barriers to housing development in Tompkins County.”

Tompkins County seeks ideas on financing homes regular folk can afford

The ultimate goal of the study will be to find pathways of stimulating more rapid and affordable housing development at price points falling within the county’s “missing middle” (not too expensive, but not subsidized or Section 8 housing), identify what amount of funding would be needed to make those projects work, and what types of financing terms would be beneficial for developers who often have claimed that the development climate in Tompkins County is not conducive to building at affordable price points.