City of Nashville, Tennessee
As a result of strong employment and population growth, the City was experiencing affordability challenges, gentrification, and displacement not only among its vulnerable populations, but along a broader spectrum of its working populations.
EPS was contracted to evaluate the feasibility of adopting an inclusionary zoning ordinance, evaluate alternative housing policy solutions, and to provide a framework of data for setting goals in the Mayor’s Housing Plan. Through community and stakeholder engagement, research, and analysis, EPS evaluated the feasibility of establishing a mandatory or voluntary form of inclusionary zoning.
Tailored to the constraints on municipal power and limitations of state legislative action, the City ultimately enacted two ordinances: 1) voluntary inclusionary zoning; and 2) a housing incentives program, which allowed the City to reimburse rental developments the difference between the affordable and market rate rents.
After the completion of the Mayor’s Housing Plan in 2017, the mayor’s office committed $65 million to affordable housing over two years (2017-18), and has since announced the commitment of $750 million to affordable housing beginning in 2019.