Discussion Paper

Rural Spotlight: Creating a Reservoir of Housing Resources in New River Valley


Abstract: Rural communities across the nation face workforce housing shortages. Here, we define “workforce housing” as housing affordable to households earning less than 120 percent of the area median income. While the reasons behind these shortages vary from one jurisdiction to another, the effects are the same: many residents face high housing costs.

Keywords: Housing; rentals; New River Valley Regional Commission; rural; virginia;

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File(s): File format is text/html https://www.richmondfed.org/research/regional_economy/regional_matters/2022/rm_06_16_2022_NRVRC
Description: discussion paper

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Provider: Federal Reserve Bank of Richmond

Part of Series: Regional Matters

Publication Date: 2022-06-16