City of Lincoln says it’s on track to reach affordable housing goal

LINCOLN, Neb. (KLKN) – Mayor Leirion Gaylor Baird gave an update Monday on the city’s progress in developing more affordable housing.

The city plans to develop 5,000 affordable rental units by 2030. It is ahead of schedule, with 2,147 of those units built so far.

Hoppe Development said support from the city has helped it to build almost 400 affordable units from scratch in the last four years. It plans to build 900 more in the coming years.

There are also many properties being rehabbed for affordable housing.

Property owners will receive $15,000 per unit from the city to improve the quality of affordable rentals.

There are 3,000 households in Lincoln benefitting from Section 8 housing assistance.