Urban County Council to receive affordable housing needs update amid surging rents
Lexington City Hall from Martin Luther King Boulevard on November 15, 2023. The Lexington Times

Urban County Council to receive affordable housing needs update amid surging rents

Lexington, Ky. — On Tuesday, the Lexington-Fayette Urban County Council will hear a crucial update on the city’s affordable housing needs, as rising rent prices and a growing housing shortage continue to impact low- and middle-income residents. The analysis, conducted by EHI Consultants at a contract cost of $188,000, outlines several pressing concerns and offers recommendations aimed at alleviating the housing crisis. 2024.1009 – LFUCG AHNA Presentation According to the Affordable Housing Needs Analysis (AHNA), Lexington has seen a 47% surge in rent prices from 2019 to 2024, with the median rent now...

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