Should Lexington Spend More For Affordable Housing?
Lexington spends roughly $2M of local tax dollars per year on Affordable Housing through the Affordable Housing Fund. Should we spend more?
A recent resolution from the Central Kentucky Council for Peace and Justice asked the Lexington/Fayette Urban County Council to double this annual commitment to $4M.
Those who say we should spend more on Affordable Housing (AH) argue that current funding isn't enough to meet Lexington's need, as determined by a city-commissioned study.
Those against an increase in city funding for AH argue that it would cost citizens more in taxes.