In the spring of 2023, czb completed a housing study for the City of Syracuse that revealed two overarching housing gaps: a market gap that reflects the unwillingness of higher-income households to pay for good housing in the city, and an affordability gap that reflects the inability of lower-income households to pay for good housing in the city. The market gap indicates a need for revitalization work to build demand to strengthen the housing market, while the affordability gap indicates a need to strategically assist economically vulnerable households.
During late 2023 and early 2024, czb is working with the City of Syracuse, and a steering committee of over two dozen stakeholders and professionals appointed by Mayor Walsh, to craft a strategy aimed at addressing these difficult housing gaps. Perhaps the most important theme of designing a multifaceted strategy for Syracuse is the need to focus limited resources. A draft strategy is expected in the spring of 2024.