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Panelists tell Lexington planning commissioners: subsidy, infrastructure and land availability are bottlenecks to affordable housing
Summary
At a Sept. 18 planning-commission roundtable, Lexington housing providers, developers and nonprofit builders told commissioners the city faces a large shortfall of affordable housing and recommended a mix of local subsidies, state infrastructure financing and better land-use coordination to increase production.
Lexington planning commissioners on Sept. 18 hosted a roundtable on affordable housing with local developers, nonprofit builders and housing authority leaders who described a large gap between current production and community need, and urged a mix of local subsidy, state policy changes and infrastructure financing to scale production.
Panelists and staff cited state and federal programs and local pilots that could be combined to increase supply. "For a family of 4, the area median income is $102,400," said Gerald Neer of Lexington Habitat for Humanity when discussing income bands used in local housing programs. Panelists agreed the term "affordable housing" is generally used for housing serving households at 30%–80% of area median income (AMI); "workforce housing" commonly refers to roughly 80%–120% of AMI.
Speakers cited the Kentucky Housing Corporation (KHC) analysis discussed during the session: KHC estimated a total need of roughly 30,823 new housing units by 2029, including about 17,000 units considered "affordable" under the study’s…
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