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Metro Planning outlines Unified Housing Strategy, calls for 90,000 new homes and targets 20,000 deeply affordable units
Summary
Angie Hubbard, director of the housing division at Metro Planning, told the Planning Commission the city’s Unified Housing Strategy estimates a need for about 90,000 new homes over the next 10 years and prioritizes adding 20,000 units affordable to households at or below 60% of area median income.
Angie Hubbard, director of the housing division at Metro Planning, summarized the city’s newly released Unified Housing Strategy (UHS) and asked the Planning Commission for input on implementation steps.
Hubbard said the UHS estimates a need for roughly 90,000 new homes over the next 10 years — about 9,000 per year — and emphasized a specific shortfall in deeply affordable units: “We need to add 20,000 of these homes affordable to 60% AMI over the next 10 years with priority for that deeply affordable housing.”
The UHS, Hubbard said, is intended to align Metro and public partners (including the Metropolitan Development and Housing Agency), nonprofits, private developers and philanthropic partners around four broad goals: create new housing, preserve existing affordable units, prevent displacement and improve access to housing services and resources. She emphasized that many actions will require federal, state or local…
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