Filling Northern Kentucky’s (NKY) growing housing gap is a complex problem that requires diverse, flexible solutions, and the newly released Home for All report offers communities a “menu of strategies” to begin tackling the deficiencies in their area. 
 
Some featured solutions: 

  • Establishing a regional housing trust fund to promote housing production; and 
  • Supporting small developers, providing them the capital, assistance and infrastructure to thrive. 

Creating a landlord property inventory database that lists housing type, rental rates, fees, apartment size, school district, distance from employment hubs and what types of payment accepted. 

Home for All is the next step in a comprehensive, regional effort to make housing more affordable for NKY residents. When researching how to make the area more attractive to prospective and current workers, local leaders discovered that rising costs were pricing many out of the homeownership and rental market. 
 
The Northern Kentucky Area Development District (NKADD) commissioned the 2023 Northern Kentucky Housing Data Analysis and found the following:  

  • Job creation is outpacing workforce housing availability; 
  • To meet the region’s projected five-year population needs, NKY counties will need 6,650 more housing units; 
  • To best serve the residents, the 6,650 units need to include a mix of for-sale and rental homes, apartment complexes and condominiums; 
  • Of the 6,650, at least 500 of the units need to be for very low-income households; and 
  • Builders need to focus on more one- and two-bedroom units instead of three- and four-bedroom single-family homes to match the region’s current demographics. 

Armed with the data, a group of 90 community leaders and experts, guided by the NKADD and Brighton Center and Brighton Properties, met throughout 2024 to better understand the challenges and develop potential solutions that communities could use to address their unique needs. 
 
While NKY leaders were discussing the Homes for All strategies, Kentucky Housing Corporation (KHC) was conducting its statewide Housing Supply Gap Analysis, finding that all 120 Kentucky counties are experiencing a current and projected five-year housing gap. 
 
To learn more about KHC’s Kentucky Housing Supply Gap Analysis, visit kyhousingsupplygap.org. To see county-by-county data, click here.