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Study finds housing costs out of reach for many in greater Springfield area

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Both sale and rental prices for housing in the Pioneer Valley have increased sharply during the pandemic because of a supply shortage, according to a new study by the UMass Donahue Institute prepared for the housing agency Way Finders.

Housing affordability worsens since the pandemic, researchers find

The greater Springfield, Massachusetts area is frequently touted as an affordable place to live.

It may be true when compared to other parts of the state where housing prices and rents are higher. A recent study, however, found housing costs in the Pioneer Valley to be increasingly out of reach for the region’s residents.

The findings are in a report published by the UMass Donahue Institute for Way Finders, the nonprofit housing agency based in Springfield.

WAMC’s Pioneer Valley Bureau Chief Paul Tuthill spoke with Keith Fairey, the president and CEO of Way Finders.

The record-setting tenure of Springfield Mayor Domenic Sarno. The 2011 tornado and its recovery that remade the largest city in Western Massachusetts. The fallout from the deadly COVID outbreak at the Holyoke Soldiers Home. Those are just a few of the thousands and thousands of stories WAMC’s Pioneer Valley Bureau Chief Paul Tuthill has covered for WAMC in his nearly 17 years with the station.