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Making homes in the Adirondacks affordable

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A newly renovated home in North Creek was donated to the Adirondack Community Housing Trust this week. The housing trust program was formed over the past year with the help of a $1 million state budget allocation from Senator Betty Little. It's one of about 200 such housing trusts around the country, including the Champlain Housing Trust in Vermont. The trust offers funding for homebuyers in exchange for an agreement to cap the resale price of the house. ACHT Executive Director Alan Hipps told Todd Moe that there's a growing demand for affordable housing because most people's income is not increasing at the same rate as home prices. For more information: 518-873-6888.

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Reported by

Todd Moe
Morning Host and Producer

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