Advantage Valley’s Regional Housing Study Presentation

Wednesday, January 24, 2024 at 10 am

Sleepy Hollow Country Club

3780 Sleepy Hollow Drive in Hurricane, WV

 

CLICK HERE TO REGISTER FOR THE EVENT!

Space is limited so be sure to register in advance!

 

2023 Housing Needs Assessment

Advantage Valley retained Bowen National Research, a nationally recognized real estate market analysis firm and has launched a comprehensive Housing Needs Assessment (HNA) of the region including the following counties: Boone, Cabell, Clay, Jackson, Kanawha, Lincoln, Mason, Putnam, Roane and Wayne. The study is intended to address the current and projected demand for housing that is anticipated by recent job announcements in the region.

Advantage Valley is seeking critically important feedback from residents, developers, realtors, lenders, and employers in the region. An online survey will be conducted to solicit input from residents, employees, commuters, and businesses on types of housing desired, quality of existing housing stock, affordability, and other issues.

“It’s really important that we get feedback from our stakeholders in the region,” said Terrell Ellis, President and CEO of Advantage Valley. “We want to hear from residents about the issues they face in trying to secure quality affordable housing.  But we also want our employers to tell us how housing can help recruit or retain their workforce.  We will also be surveying developers, realtors, and lenders in order to understand how we should develop policies and programs to improve the quantity and quality of our inventory.”

The final report is expected be published by December 2023 and presented in early 2024. There will be a series of community meetings around the region to review the study and its findings. “We hope that the report will provide guidance to the development community and policy makers on the type of housing that will be needed in our region for the next 3-5-7 years”, said Ellis.

 

 

 

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