Act now: Every donation on Giving Tuesday will be quadrupled!Donate

Nashville Creates Affordable Housing Policy Team

Developers and realtors in Nashville will have an opportunity to add their voices to the city’s new affordable housing policy.

(Photo by Kaldari)

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks.

Become A Member

Many Nashville developers and realtors expressed alarm this summer when the Metro Council proposed inclusionary zoning policies, and now they’ve got a more formal way to be heard. As the city works toward setting strategies for encouraging affordable growth, it has formed a 50-person committee, with people from all sectors, to weigh in on the matter. The team includes reps from the Council and the real estate industry, as well as those who work in the nonprofit world and affordable housing advocates.

According to Nashville Public Radio, proposed policy details, which would require a certain number of affordable units in new developments or renovations, were considered “arbitrary” by some.

Jarron Springer, CEO of the Greater Nashville Association of Realtors and a participant on the team, says only adding requirements on home providers won’t do.

“The policies that are created are going to have to provide incentives for developers, and the people that are on the front lines that are going to build these affordable housing units have to be in a position that it makes sense for their business,” Springer said.

With Nashville’s growing popularity, change needs to come fast.

“There are so many people who want to move here it’s placing a tremendous amount of pressure — it’s really burdening the community,” David Schwartz, a Denver-based planning expert who the Metro Council hired to study the affordability issue, said. “In some ways, the development community can’t build units fast enough.”

The new team will meet several times to plan and come up with a final policy before it goes to a vote in January.

Like what you’re reading? Get a browser notification whenever we post a new story. You’re signed-up for browser notifications of new stories. No longer want to be notified? Unsubscribe.

Jenn Stanley is a freelance journalist, essayist and independent producer living in Chicago. She has an M.S. from the Medill School of Journalism at Northwestern University.

Follow Jenn .(JavaScript must be enabled to view this email address)

Tags: affordable housingreal estategentrificationnashville

Next City App Never Miss A StoryDownload our app ×

You've reached your monthly limit of three free stories.

This is not a paywall. Become a free or sustaining member to continue reading.

  • Read unlimited stories each month
  • Our email newsletter
  • Webinars and ebooks in one click
  • Our Solutions of the Year magazine
  • Support solutions journalism and preserve access to all readers who work to liberate cities

Join 1015 other sustainers such as:

  • Anonymous at $50/Year
  • Nancy at $10/Month
  • Susan at $60/Year

Already a member? Log in here. U.S. donations are tax-deductible minus the value of thank-you gifts. Questions? Learn more about our membership options.

or pay by credit card:

All members are automatically signed-up to our email newsletter. You can unsubscribe with one-click at any time.

  • Donate $20 or $5/Month

    20th Anniversary Solutions of the Year magazine