Affordable housing discussion Wednesday at Peninsula Club

Affordable housing—an increasingly important subject as property values soar—will be the topic of the Cornelius Today and Business Today Newsmakers Breakfast Wednesday March 21 at The Peninsula Club. Workforce housing is the term used by planners and economic developers to describe suitable living accommodations for people like first responders, single parents, teachers and service workers whose income is not high enough to secure quality housing ​near their jobs.

The speakers at the Newsmakers Breakfast are Chris Ahearn, executive director of Habitat for Humanity; Jim Burbank, founder of Saussy Burbank, a Charlotte-based homebuilder; John Quinn, a member of the Smithville Community Coalition and a community leader; and Andrew Grant, Assistant Town Manager for the Town of Cornelius.

While soaring property values may seem to float all demographic boats, dense swaths of costly housing can increase burdens on roads and highways, contribute to urban sprawl and cause unforeseen societal challenges, like driving grandchildren from grandparents.

Gentrification is also a factor. With property values soaring, mutli-generational neighborhoods are under pressure as well. The next generation may not afford to stay close by, something that adds a richness and depth to neighborhoods.

There’s a small business impact as well. “Some employers are already having trouble hiring people from out of town due to the traffic and this will only get worse. In turn, critical services and businesses, such as police and fire, teachers, skilled workers, along with wait staff and sales people, will suffer. This will result in a decline in our quality of life,” says Town Commissioner Mike Miltich.

Newsmakers Breakfasts are open-forum Q&As, driven by current issues and news around us. Anyone can ask a question. Doors open at 7:15 a.m. for networking. The buffet-style breakfast gets under way at 7:30 a.m. The Q&A begins at 8 a.m. and concludes at 9 a.m. sharp.

The cost to attend, $12, includes a full country breakfast.

Reservations are required. RSVP at 704.895.1335 with Visa or MasterCard.

The Presenting Sponsor is Realtor Dixie Dean with Allen Tate. Breakfast Sponsors are Jack’s Corner Tap and Premier Sotheby’s International Realty. Coffee Sponsors are Davidson Wealth Management, Donna Moffett Accountants and Consultants and Master Title.


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