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Jun 06

Housing Commission hears about jobs-housing balance

Posted on June 6, 2015 at 11:02 pm by Clay Curtin

Did you know that for each high paying job, four lower wage jobs are created? Did you know that for every five lower wage earners in Menlo Park, only one home is affordable at that income level? Did you know that housing is needed at all income levels, not only here, but regionally? These were just some of the interesting facts that the Menlo Park Housing Commission and attendees learned at the ConnectMenlo housing panel discussion on May 28, 2015. The panel of four housing experts shared their perspectives on a variety of housing-related issues, including housing economics, affordable housing policies and strategies, anti-displacement policies, and the implementation of a live/work/play concept. These are many of the issues that have been raised during the ConnectMenlo process. As the community works to determine the appropriate mix of land uses for the future of the M-2 area, it will also be considering current resident concerns about displacement and the need for affordable housing. There is no one solution, but efforts that focus on both housing production and housing stabilization are important for the community to consider. Learn more about the ConnectMenlo project and get involved in the process!