BROADCAST TRANSCRIPT:A new affordable housing development has been approved for the Leavenworth corridor in Omaha, offering some relief to renters in a neighborhood where costs have climbed alongside rapid development. But community leaders say the project, while welcome, is one piece of a much larger challenge.
The city’s Planning Board has approved a 50-unit affordable housing project at Park Avenue and Pacific Street. The development will serve tenants 55 and older.
Laura Green, president of the Leavenworth Neighborhood Association, said the project’s structure offers stability that standard market-rate housing does not…