Plan to Make BTV Housing More Affordable, Available

Plan to Make BTV Housing More Affordable, Available

City officials released a report outlining some of Burlington's biggest problems when it comes to housing and renting.
BURLINGTON - Mayor Miro Weinberger and leaders of social organizations across the city released a Downtown Housing Strategy Report Thursday.

Mayor Weinberger was quick to point out many of the flaws in Burlington's current housing structure.

He noted that young professionals have been moving out of the area while in other cities Burlington aspires to be like, young professionals have been moving downtown.

His team's research also found that the average Burlington household spends 44% of their income on housing/renting while in cities  like Austin, TX, Nashville, TN and Portland, OR the average is between 31-34%.

"That means that Burlingtonians on average are cumulatively spending millions and millions of dollars more on rent than they would be, I believe, if we had a fully functioning housing market," Mayor Weinberger said.

The first public meeting on the report is June 12 7:00 p.m. at City Hall.
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