Navigating Economic Realities in the Monadnock and Seacoast Regions with Fred Kocher, Cody Morrison, and Darren Winham

The latest episode of NH Business hosted by Fred Kocher delves into the strikingly similar economic realities facing both the Monadnock and Seacoast regions. Cody Morrison, the Executive Director of the Monadnock Economic Development Corporation, and Darren Winham, the Economic Development Director for Exeter/Seacoast Economic Development Stakeholders, join Kocher to discuss the challenges of workforce development, childcare availability, and affordable housing in both regions.

Both regions are experiencing a shortage of skilled workers, high demand for affordable housing, and a lack of access to suitable childcare options. These issues are directly impacting businesses in the area, preventing them from expanding and bidding on new opportunities. The discussion highlights the urgent need for short-term solutions to address these pressing challenges and support long-term economic development goals.

Innovative approaches are being taken in both regions to combat these issues. Exeter is investing in mixed-use projects that offer workforce housing options, while the Monadnock Economic Development Corporation is launching a regional housing development fund to support the creation of new housing units. Additionally, both regions are seeing a lack of available apartments, with vacancy rates below 1%.

Overall, the conversation sheds light on the shared struggles of the Monadnock and Seacoast regions and the importance of collaborative efforts to address these economic realities. The need for creative solutions and community support is evident as both regions work towards sustainable growth and development in the face of ongoing challenges.