The notion of workforce housing can trace its roots back to the ski towns of Telluride and Aspen, Colorado. Due to the disparity between income and the price of local homes it was difficult for the workforce to be able to live in the town. A plan was enacted to create a “local worker” housing market in the area. These homes would have been based on the average local wage and affordable housing.
In order to keep prices down and the homes affordable, a deed restriction was put in place which included several provisions. These provisions included a requirement that you must live in the community, not own any other homes, must work within the community and must maintain residence in the community for a minimum amount of time. These requirements were the first foundation of modern guidelines today that define workforce housing.
Some say that the idea of workforce housing dates back even further when seafood industry factory owners in Biloxi constructed temporary housing in order to provide lodging for their seasonal workers. Or in Alaska when railroad contractors setup tents and eventually a town that eventually became the settlement of Anchorage. These are some of the earliest examples of workforce housing which has evolved to where it is today.
To see how far that evolution has come, please visit our news section for the latest information on workforce housing.