Chattanooga Mayor Tim Kelly has announced that the city is among the first U.S. local governments selected for Bloomberg Philanthropies new housing initiative, one of up to 30 who will receive funding and expertise to unlock supply for residents.
“We were excited to get the legislation passed to allow Chattanoogans to build Accessory Dwelling Units during my first term, but I have been disappointed by the relatively small number of units added to our housing stock thus far,” said Mayor Kelly. “This Bloomberg Philanthropies effort will help us unlock that potential, learning from the reforms already proven in Austin and adapting the ones that will move supply fastest here, with the means to turn a right on paper into more homes on the ground.”
As America confronts a severe shortage of homes, and Washington responds with its first comprehensive housing legislation in decades, the Bloomberg Philanthropies effort will move three of the nation’s most effective local housing solutions from the city halls that pioneered them – Atlanta, Austin, and San Diego – to up to 30 more across the country…