The Kenton County Planning Commission has approved a zoning change that would allow for Covington-based developer Orleans Development to convert an old warehouse building into apartment buildings, with 39 units and 52 off-street parking spaces.
Tag: housing
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Regional leaders convene to pitch solutions for housing crisis: ‘This is a solvable problem’
NKY officials, business leaders, and professionals met to discuss the region’s housing problems, which stem from a general shortage of accessible housing, and presented draft options for addressing the issue.
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Is homeownership in NKY out of reach?
Written by Janet Harrah, the senior director of the Center for Economic Analysis and Development in the Haile College of Business at Northern Kentucky University Housing affordability has emerged as a critical issue in Northern Kentucky, where home prices continue to outpace wage growth, leaving many residents—especially essential workers—struggling to achieve the American Dream of […]
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How much do houses actually cost in NKY?
The Northern Kentucky Association of Realtors reported a record-breaking median house sale price of $305,000 in August 2024, up from $279,321 in August 2024, reflecting broader trends in the housing market.
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Rent is eating up a greater share of tenants’ income in almost every state
By The Kentucky Lantern’s Tim Henderson There were 21 states where a majority of tenant households spent 30% or more of their incomes on rent and utilities last year, compared with just seven states in 2019. Nationwide, about 22 million renters are shouldering that percentage. Anyone paying more than 30% is considered “cost burdened,” according to the […]
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Housing data walk: ‘I just want to see there start being action’
The Brighton Center, United Way of Greater Cincinnati, and Northern Kentucky Area Development District hosted a community listening session on housing, where residents shared their thoughts in the face of a need for 6,650 housing units in the region over the next 5 years, with the largest need for workforce housing for households with incomes between $15 and $25.
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Local leaders discuss affordable housing crisis
The Northern Kentucky Chamber of Commerce held its monthly Eggs ‘n Issues breakfast and panel to discuss affordable housing on Tuesday. Panelists discussed the factors that caused the issue and what both public and private institutions can do to address it.
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Housing Authority of Covington to manage housing choice vouchers in Erlanger
Erlanger City Council passed a resolution allowing the Housing Authority of Covington to administer United States Department of Housing and Urban Development programs within the city, including the Housing Choice Voucher program.
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Income-aligned housing is a key part of economic development success
Housing availability and affordability are increasingly intertwined with the future economic success of a region. Like many communities throughout the United States, Northern Kentucky is feeling the effects of a labor shortage. Accordingly, developing strategies that drive talent attraction, promote the region as a desirable place for people to move to, while also working to […]
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Panel denies Boone County apartment complex developer zoning request
A developer’s zoning request that would result in a 312-unit apartment complex in Boone County has been denied by the Boone County Planning Commission. The panel’s decision regarding the zone change request from commercial to residential use was issued during Wednesday’s planning commission business meeting and will now be forwarded to the Boone County Fiscal […]