Lexington, September 11, 2025
News Summary
Lexington is set to break ground on a new 22-unit affordable housing development aimed at addressing the city’s acute housing crisis. The ceremony will involve local officials, including Mayor Linda Gorton. With a reported shortage of 22,000 units, the city is investing $5 million annually to enhance affordable housing initiatives. The development emphasizes infill and redevelopment while utilizing innovative construction approaches, with tenants expected to move in as early as January.
Lexington is set to host a groundbreaking ceremony for a new 22-unit affordable housing development on Friday, September 13, at 11:30 a.m. The event will occur at 530 North Martin Luther King Boulevard, with local officials, including Mayor Linda Gorton, scheduled to speak. This project represents a significant step in addressing the pressing housing needs of the community by providing high-quality, affordable living spaces.
The development is part of broader efforts to revitalize a historic community landmark within Lexington. There is an acute housing crisis in the city, with a reported shortage of 22,000 housing units across all income levels. The majority of the needed units should be affordable for residents earning less than 80% of the area’s median income…