This Week On The Business Side: Could ADU's Help Lexington's Affordable Housing Crunch?

Apr 22, 2019

A housing affordability study commissioned by the Lexington-Fayette Urban County Government in 2015 showed 6,600 households couldn’t find housing within their means in Fayette County. With the effects of ongoing gentrification, the report predicts an additional 400 existing affordable housing units will be rehabbed, and priced out of reach for low-income residents every year.  One possible solution is Accessory Dwelling Units, (ADU's)  City leaders are holding a series of public meetings on ADU's.  We talk about it with Lane Report executive editor Mark Green.

Accessory Dwelling Units could help address Lexington's shortage of affordable homes.
Credit AARP.org

Read more about Kentucky's affordable housing shortage here.