Kentucky Edition | Louisville Mayor Introduces Affordable Housing Plan | Season 2 | Episode 90
Louisville Mayor Craig Greenburg says he has a plan to create and restore affordable housing in the city.
My Louisville home is a new strategy that aims to address the city's need for more than 31,000 units for low income residents, with new efforts to emphasize green energy and sustainability.
The plan simplifies the city's land Development code to remove regulatory obstacles and expands the Affordable Housing Trust Fund to support an annual $20 million for project funding.
It also provides financial incentives for the restoration of units that have been abandoned and vacated.
Speaking to reporters, Mayor Greenburg said the changes aren't exclusive to one area or housing type, but it's a win for the whole city.
And we're talking about housing of every type.
Single family, housing, apartments, duplexes, every type of housing in every zip code, every metro council district, every neighborhood.
Housing is not an over there problem.
It's a right here problem.
And we need a solution that works right here in Louisville, all across Louisville.
Public feedback on the plan is open until November with the final version set to be released on December 1st.
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