Nashville Mayor Unveils Unified Housing Strategy, Plans 90,000 New Units
Nashville Mayor Unveils Unified Housing Strategy, Plans 90,000 New Units

Nashville Mayor Unveils Unified Housing Strategy, Plans 90,000 New Units

News summary

Nashville Mayor Freddie O’Connell has unveiled the city’s first Unified Housing Strategy, a comprehensive plan aimed at tackling Nashville's escalating housing costs and lack of affordability. The strategy, developed in partnership with government, nonprofit, and private sectors, proposes increasing housing supply through denser developments, improving coordination among private companies, and investing municipal funds in affordable units. It also emphasizes tenant protections, support for first-time homebuyers, and preservation of existing affordable housing. The plan is presented as a multifaceted, citywide approach with seven core strategies and a ten-year implementation timeline, aiming to add 90,000 new housing units over the next decade. Public feedback is being solicited before the plan is finalized, with community sessions scheduled in May. Mayor O’Connell highlighted that improving housing security is essential for the city’s economic stability and long-term growth.

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