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Committee report: affordable housing fund has leveraged about $474 million and priorities include supportive housing

Lexington Fayette Irvin County Council work session
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Summary

Council member Reynolds reported the Social Services and Public Safety Committee’s April 14 update: since 2015 roughly $59 million in local investments leveraged about $474 million externally to support more than 3,800 housing units; FY27 priorities include expanding supportive housing and units for households below 30% AMI; the committee also reviewed a mobile market and a domestic violence coalition update.

Council member Reynolds reported May 5 on the Social Services and Public Safety Committee’s April 14 meeting, summarizing investments and priorities for local housing and social programs.

Reynolds said that since 2015 the city’s affordable housing fund has committed about $59,000,000 in local investments, which have leveraged roughly $474,000,000 in external funding to…

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