Connecticut renters face one of the least affordable housing markets in the country, a new report says, and the state’s low-income renters face an especially difficult challenge in affording a place to live.
Connecticut residents donated an all-time high of $5 billion to charity in 2015, according to a recent report from the Connecticut Council for Philanthropy. In-state foundations gave $1.2 billion in donations while the remaining $3.8 billion came from independent individuals and their families, the council said.
Connecticut home prices continue to rise at a much slower rate than those across the rest of the nation, according to recent data from the Federal Housing Finance Agency. Home prices last year appreciated 3.6 percent, compared with a national average of 6.9.