Affordable housing bill advances without Nashville chamber support
Jul 8, 2015, by E.J. Boyer, Nashville Business Journal -A bill that could lead to a zoning policy that mandates affordable and workforce housing advanced Tuesday night at Metro Council, despite pressure from the Nashville Area Chamber of Commerce to indefinitely defer the legislation.The ordinance passed a second reading with 27 votes. If it passes a final reading, the legislation would require Metro Planning to submit a proposal to Metro Council within 180 days.As originally written, the ordinance sought to introduce inclusionary zoning that required at least 14 percent of units to qualify as affordable and/or workforce housing. An amendment attached Tuesday softens that language, setting 14 percent as a goal to guide planning’s policy, not a mandate. (read more)
My Comment: I am pleased to see the Chamber take a stand. Too often there focus seems to be to advance crony capitalism rather than take a stand for free enterprise. I hope they are not co-opted by buying into a less bad version of a bad concept sweetened with more hand outs for the chamber. For now at least, they are on the right side.