In 2017, the Lexington Bluegrass Association of Realtors (LBAR) funded a research study by the University of Kentucky to look at how Lexington’s land-use policies and our Urban Services Boundary (USB) affect our growth – from their impacts on housing prices to jobs to city revenue. Here’s a summary of what the research found: Lexington’s land-use...
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September 2021 Update During the special Planning and Public Safety Committee meeting on September 14, the Accessory Dwelling Unit (ADU) Zoning Ordinance Text Amendment was amended and approved to move to the full Council. The added restrictions prevent the new construction of stand-alone detached units. This means that only attached ADUs or existing detached structure...
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Join us in hearing from Chris Zimmerman from Smart Growth America, as we discuss what sustainable, fiscally responsible, and equitable growth policy means moving forward.
Fayette Alliance joins resolution asking Mayor Gray and the Council to double annual funding to the Affordable Housing Trust Fund The Affordable Housing Trust Fund has made a good start since being created in 2014. Under Rick McQuady’s leadership, the Fund is making steady progress on providing safe affordable housing for working families. However, continued...
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LFUCG Urban County Council unanimously voted to more forward with the Affordable Housing Fund and Governing Board. We’ll keep you apprised of any updates to this issue here at fayettealliance.com. Fayette Alliance supports the ordinance creating the Affordable Housing Fund and its Governing Board. Lexington must address its shortage of affordable housing for working families,...
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On April 15th, Planning Commissioner, Derek Paulsen, gave a presentation to the Planning Committee of Urban County Council on the next steps to developing a robust program on homelessness and affordable housing. Topics covered in the presentation include an overview of the Homelessness Fund and Affordable Housing Fund; proposed organization and coordination for these two...
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The Fayette Alliance is serving on the LFUCG Affordable Housing Trust Fund Taskforce to examine funding mechanisms, economic impacts, and program parameters for a potential affordable housing trust fund. Members of the Homebuilders Association, affordable housing, and faith-based groups are also participating on the committee. To learn more about affordable housing trust funds, click here....
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There is a shortage of affordable housing in Lexington. According to the U.S. Department of Housing and Urban Development, the cost of an “affordable” home—including taxes, maintenance and other costs—should not exceed 30% of a household’s monthly income. This is particularly alarming since 18.1% of all renter households in Lexington spend more than 50% of...
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In the Kentucky General Assembly spring 2008 legislative session, House Representative Susan Westrom-Lexington, sponsored House Bill 447 which sought to prohibit local governments and planning commissions from requiring affordable housing in residential developments. While the Fayette Alliance currently supports incentive based strategies to achieve affordable housing, the Alliance opposed House Bill 447 because it undermined...
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