SALT LAKE CITY — Utah is on track to fall significantly short of the number of homes needed to meet market demand over the next 30 years, analysts told lawmakers on Wednesday.

During a meeting of the Economic Development and Workforce Services Interim Committee, representatives from Envision Utah and the Governor’s Office of Economic Opportunity presented a Legislature-funded study painting a sobering picture of the state’s housing market.

Specifically, the study found that Utah needs to build 842,515 new homes over the next three decades to meet expected demand. But the state is projected to have a shortage of 235,000 homes, meeting only about 72% of that projected demand by 2055, according to Jason Brown, CEO of Envision Utah.

“The biggest lever we can pull on housing affordability is

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