In a recent government meeting, officials outlined a comprehensive strategy to address the pressing housing crisis in Allentown. The discussions centered on a set of goals aimed at improving housing conditions, enhancing code enforcement, and increasing the supply of affordable housing for low to moderate-income households.
Key recommendations from a housing study conducted with national experts included a reevaluation of rental inspections and codes, as well as initiatives to preserve existing affordable housing and rehabilitate aging properties. The city aims to increase homeownership opportunities and prevent homelessness through a regional approach, recognizing that a significant portion of residents commute outside the city for work, often without access to affordable housing nearby.
The meeting highlighted the importance of collaboration with suburban partners and the Lehigh Valley Planning Commission, which has initiated a regional housing study to track affordable housing developments. Officials emphasized the need for a dedicated revenue source to fund these initiatives, estimating that an annual investment of $8 million would be necessary to make substantial progress. However, they acknowledged that this figure may be ambitious and stressed the importance of securing at least $2 to $3 million to begin addressing the housing challenges.
Participants discussed the limitations of current funding sources, such as Community Development Block Grants (CDBG), which cannot be solely allocated to housing due to existing commitments to various community needs. The conversation also touched on the high costs associated with developing affordable housing, including labor and materials, which have been exacerbated by inflation.
As the city moves forward, officials are committed to prioritizing housing initiatives and exploring various funding mechanisms, including potential local taxes, to support their goals. The urgency of the situation was underscored by the need for immediate action, as housing costs continue to rise, making it imperative for the city to strategize effectively to meet the growing demand for affordable housing solutions.