Amazon pledged a portion of $2 billion to provide affordable housing within the Nashville community for lower-income families. The remainder of the Housing Equity Fund will be granted to expand affordable housing opportunities within two of its headquarter locations in Washington and Virginia.
According to their press release, Amazon’s funding will impact 20,000 homes in the areas surrounding those three locations. Read More
Richmond Mayor Levi Stoney proposed a “racially equitable” affordable housing plan on Tuesday. Read More
The mayor will give a majority of the city-owned land parcels to Maggie Walker Community Land Trust. The organization’s mission statement is “to foster racially equitable communities” within their constructed affordable housing.
A new Triton poll finds decidedly liberal Davidson County is solidly against Mayor John Cooper’s proposed 32 percent property tax hike. The poll is available here. It was conducted last Thursday and Friday by Triton Polling & Research and was paid for by Nashville Smart, a local 501(c)(4). Lonnie… Read More
A Maryland legislator wants to identify affluent suburban neighborhoods and target them for low-income, high-density housing. Read More
by Audrey Conklin President Donald Trump signed an executive order Tuesday to establish a new council for the U.S. Department of Housing and Urban Development that focuses on affordable housing. The White House Council on Eliminating Barriers to Affordable Housing, chaired by HUD Secretary Ben Carson, will work with… Read More
Metro Nashville Mayor David Briley announced a $750 million affordable housing program on Tuesday. The “Under One Roof 2029” program will create 10,000 new units of affordable housing in 10 years, Briley said, according to a story by WKRN. The city plans to contribute $500 million of the total $750 million.… Read More
Nashville’s housing agency plans to rehab two properties even as the city takes over public housing from the federal government. The Nashville Metropolitan Development and Housing Agency will release its 600-page five-year plan to the federal government soon, Nashville Public Radio reports. The plan overview is available here. Council will… Read More
The Wall Street Journal has taken notice of how Nashville is becoming gentrified and is in danger of becoming a “chic urban playground for the wealthy.” James Fraser, an urban studies professor at Vanderbilt University, told The Wall Street Journal the city needs 30,000 more units of affordable housing and… Read More
The Beacon Center of Tennessee is taking Metro Nashville government to court, claiming that a new affordable housing law is illegal and unconstitutional. The Nashville-based think tank, which promotes free markets, filed a lawsuit last week in Davidson County Chancery Court. The suit was filed on behalf of the… Read More