Affordable housing is defined by the Department of Housing and Urban Development as costing no more than 30% of occupants’ income for housing costs and utilities.
Lexington Mayor Linda Gorton made remarks on the city’s progress Friday. She’s currently running for re-election.
“Investments in affordable housing are a powerful driver of economic development across our city,” she said. “These projects create good paying jobs for residents in the fields of construction, property management, maintenance.”…