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In less than two decades, Connecticut has lost 30% of its young people, more than any other state. Economist Donald Klepper-Smith says that lack of affordable housing is largely to blame for the exodus of 25 to 34 year-olds.

"Many Connecticut employers are increasingly concerned about their ability to recruit entry-level workers which speaks, very clearly, to increased demand for workforce housing."

In a report, the HOMEConnecticut campaign detailed a program offering grants to municipalities that ensure at least 20% of units in a residential zone are affordable to those earning only 80% of the area's median income.

Michael Pace, First Selectman in Old Saybrook, is using the program.

"The beauty about this legislation is the town gets to decide the scope, scale, and dimension of the project. Where it is and how it best fits into the community."

The report also noted that between 2000 and 2007, the median price for a single family home has risen twice as fast as personal income. Even with home prices falling, Klepper-Smith says that affordable housing must be addressed to ensure the vitality of Connecticut's economy.