Unlicensed Lexington short-term rentals owe thousands in fines. What is the city doing to collect?
Four individual properties account for as much as $52,400 in unpaid fines.
Affordable Housing is housing in which total monthly costs don't exceed 30% of a household's income. In Lexington, LFUCG has programs, zoning policies, and development incentives aimed at creating more affordable rental and ownership options as housing costs continue to rise in our city.
The city has seen some success with a program that helps people facing eviction stay in their homes, but it's expected to run out of money in the coming months.
The report says Lexington faces several obstacles to develop more affordable housing.
Councilmembers heard about a proposed development liaison position. Peer cities have tried something similar.
The 234-unit development will feature single-family detached homes and townhomes for sale, and apartments at low rents.
This development would provide single-family detached homes and townhomes for sale at low prices, as well as low rental apartments.