Affordable Housing

3:40pm

Wed August 20, 2014
Lexington/Richmond

City Council Acts to Secure Future Funding for Affordable Housing

Rick McQuady-Director of Lexington's Office of Affordable Housing
Credit ncsha.org

Lexington city leaders are moving forward with efforts to fund affordable housing. The city is spending $3 million this fiscal year toward developing affordable units. 

The council Tuesday gave first approval for setting aside $2 million in the next budget. 

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5:52pm

Wed April 23, 2014
-Eastern Standard

Affordable Housing on Eastern Standard

Credit Charles Bertram / Lexington Herald-Leader

  On April 11th, Lexington Mayor Jim Gray named the city's first director of the Office of Homelessness Prevention and Intervention, a newly created office. This comes after the announcement earlier this year that $3 million of the city's $13 million surplus would be allotted for affordable housing and 500,000 for homeless initiatives.

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