MRV Housing Coalition
The MRV Housing Coalition (MRV HC) was created in 1989 to support the planning and production of a variety of housing options within the Mad River watershed through education, information and advocacy. It serves as a resource for developers, individuals, municipalities and nonprofits, and is available to channel resources for revolving or subsidy loan programs. MRVPD provides staffing support and technical assistance.
MRV Resource guide to Accessory Apartments
In fall 2009 the Mad River Valley Housing Coalition developed Open a New Door: A Guide to Creating & Renting Accessory Apartments in the Mad River Valley. Creating or offering Accessory Apartments (also known as in-law apartments) are an increasingly popular option for homeowners that also help to alleviate the lack of rental units in the Valley.
MRV Housing Studies
The MRV housing studies seek to analyze the circumstances that create barriers to affordable housing in the MRV through 1) a needs assessment, 2) summary of types of housing needed and 3) options, barriers and strategies to creation.
Key Findings from the 2017 MRV Housing Study
The three towns of Waitsfield, Warren, and Fayston share many of the same housing challenges including:
- Abundance of second-homes,
- Poor quality housing stock built between 1960-1979, and
- A lack of wastewater capacity to support housing development in appropriate locations.
Affordable housing is key to retaining and attracting young people, as well as maintaining a strong workforce, but rising housing costs outpaced increases in median household income between 2000 and 2014.
*Affordable housing is defined as paying no more than 30% of one’s income for housing (Housing & Urban Development (HUD), 2018).