A new study examining housing data in Kenton County suggests bringing more income-aligned housing to the county will be increasingly difficult. “Altogether, the market is delivering virtually no new housing for households earning less than $40K/year,” reads a portion of the study. “There is also a production gap for households earning $50K-60K.” The report was […]
Tag: income-aligned housing
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Covington establishes committee on affordable housing development
This week, the Covington City Commission committed to two concrete actions to address the city’s affordable housing concerns. The first is to establish a committee that will issue recommendations to the city commission on housing. The second is to instruct the city manager to identify 10 city-owned properties for sale. The proceeds will fund efforts […]
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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 […]