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Council report highlights $59M local investment in affordable housing fund and FY27 priorities
Summary
Council member Reynolds reported the social services and public safety committee's April 14 update: since 2015, $59,000,000 in local investments have leveraged over $474,000,000 and supported more than 3,800 units; FY27 priorities include expanding permanent supportive housing and serving households below 30% AMI.
Council member Reynolds delivered the April 14 report of the Social Services and Public Safety Committee, summarizing multiple initiatives the committee reviewed.
Reynolds said the Affordable Housing Fund remains the primary local tool for expanding and preserving housing for households at or below 80 percent of area median income (AMI). He reported that since 2015, $59,000,000 in local investments have leveraged more than $474,000,000 in external financing to support over 3,800 housing units.
Looking ahead to fiscal year 2027, Reynolds said the committee’s priorities include expanding permanent supportive housing, increasing units targeted to households earning below 30 percent of AMI, and advancing targeted developments—while noting that the fund is an increasingly constrained resource.
Reynolds also summarized a Lexington mobile market public‑private partnership delivering affordable groceries to underserved areas; the committee recommended strengthening data collection, identifying service gaps, and evaluating expansion capacity. He closed with an update on the domestic violence prevention coalition, which the committee views as essential for coordinating prevention and survivor support; next steps include improving outcome measurements and expanding housing and supportive services for survivors.
No formal council action on the committee report was recorded in the work session minutes shown in the transcript.
