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File #: BL2021-832    Name:
Type: Bill (Ordinance) Status: Public Hearing
File created: 7/12/2021 In control: Planning and Zoning Committee
On agenda: 8/15/2023 Final action:
Title: An ordinance to amend various sections of Title 17 of the Metropolitan Zoning Code to incentivize Inclusionary Housing with any residential development that seeks additional development entitlements beyond that permitted by the current base zoning district (Proposal No. 2021Z-013TX-001).
Sponsors: Burkley Allen, Freddie OConnell, Zulfat Suara, Ginny Welsch, Delishia Porterfield, Kyonzte Toombs, Gloria Hausser, Emily Benedict
Attachments: 1. BL2021-832, 2. Substitute BL2021-832, 3. Amendment No. 1 to Substitute BL2021-832, 4. Amendment No. 2 to BL2021-832
title
An ordinance to amend various sections of Title 17 of the Metropolitan Zoning Code to incentivize Inclusionary Housing with any residential development that seeks additional development entitlements beyond that permitted by the current base zoning district (Proposal No. 2021Z-013TX-001).

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WHEREAS, the Metropolitan Government of Nashville and Davidson County undertook an Inclusionary Housing Feasibility and Market Study (the Study) in 2016; and
WHEREAS, the Study found that there has been cost appreciation and housing turnover in central areas of the city; and
WHEREAS, the Study found that 46% of renters in the city are cost-burdened; and
WHEREAS, cost appreciation in central areas can lead to the displacement of cost-burdened households and gentrification; and
WHEREAS, much of the housing affordable to 80% Average Medium Income (AMI) is outside of the central areas, with poor access to jobs, transit, and services; and
WHEREAS, affordable and workforce housing is a primary concern of the citizens of Nashville and Davidson County, as it continues to be a major barrier to economic progress for many in Nashville; and
WHEREAS, increasing the supply of affordable and workforce housing supports economic growth and is a vital tool in reducing poverty in Davidson County; and
WHEREAS, state law does not prohibit a local government from creating or implementing a purely voluntary incentive-based program designed to increase the construction or rehabilitation of workforce or affordable private residential or commercial rental units, which may include providing local tax incentives, subsidization, real property, or infrastructure assistance, or any other incentive that makes the construction of workforce or affordable housing more economical, so long as the program is not used to incentivize or leverage a person to develop, build, sell, or rent housing at below market value; and
WHEREAS, the program created by this ordinance will use a developer's voluntary electi...

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