On Thursday, November 13th, the Chester County Chamber of Business and Industry (CCCBI) and HealthSpark Foundation collaborated with Bucks County Association of Township Officials, Chester County Association of Township Officials, Chester County Planning Commission, Montgomery County Association of Township Officials, Montgomery County Commerce Department and Montgomery County Planning Commission to host The Business of Housing at the Inn at Villanova University.
Housing isn't just a community issue, it's a business issue. From workforce shortages to rising operating costs, employers across our region are feeling the impact of limited housing attainability. To move from discussion to solutions, CCCBI and HealthSpark Foundation brought together business leaders, policymakers, planners, and housing experts for a half-day forum designed to connect the dots between housing, economic competitiveness, and community well-being.
We were thrilled to welcome 225 guests for a networking breakfast and remarks from industry leaders, before kicking off the breakout sessions. Local experts led in-depth discussions focused on From Policy to Practice: How Township Managers Are Shaping Housing Solutions, The Business Case for Housing: Connecting Workforce, Growth, and Affordability, The Business Case for Housing: Connecting Workforce, Growth, and Affordability, and Opportunity for All: The Economic Advantages of Ending Homelessness. Expert speakers included township officials, business leaders, the deputy secretary of policy and planning from the governor’s office, state senator Amanda Capaletti, executive directors and housing advocates, all of whom shared their industry expertise and outlook towards the future of housing.
Following the breakout sessions, Keynote Speaker Chuck Marohn, Founder & President of Strong Towns, took the stage to present Escaping the Housing Trap. Marohn opened with a brief history of how we arrived at the current set of problems, then moving into why housing markets today are so prone to boom and bust cycles, and finally how a growing number of cities are adopting reforms that can break them out of the "trickle or fire hose" dynamic and make incremental housing development possible again.
“We can’t separate housing from economic growth,” said Laura Manion, CCCBI President & CEO. “With home prices in Chester County averaging $664,000, the cost of living has outpaced what many essential workers can afford. But what we saw today was inspiring – municipalities, employers, developers and advocates all coming together to find practical local solutions The energy in the room proved that with creativity and public-private partnership, we can make progress.”
During lunch, Marohn returned to the stage with Ann Oliva, CEO of the National Alliance to End Homelessness and Marian D. Moskowitz, Vice Chair, Chester County Board of Commissioners for a fireside chat exploring how communities can address homelessness and housing challenges through strategic partnerships, innovative local planning, and the political will to act.
“Our speakers and topics reaffirmed the need for local government, businesses, nonprofits and philanthropy to come together, collaborate and build a new foundation for solutions across our region,” said Emma Hertz, President & CEO of HealthSpark. “The partnership that brought this event to life is setting a great example for continued growth.”
This dynamic regional initiative inspired, incentivized and invigorated our business leaders, policymakers, planners and all guests who prioritized how the business of housing is affecting Southeastern Pennsylvania. Thank you to our guests, speakers and most importantly, our partners.