By FOX 17
May 21, 2021
NASHVILLE, Tenn. (WZTV) There are only 5 single family homes priced under $100,000 in Davidson County, according to a former president of the Greater Nashville Realtors.
And there’s only 5 single family homes between $100,000 and $200,000 the group’s former president Sher Powers said.
Mayor John Cooper announced $10 million for 335 new affordable housing units Wednesday.
Cooper and nonprofits alike say more needs to be done. He said last week that he hopes that by building more homes, it’ll drive the cost of the homes down.
He said there were 12,000 new units built in Nashville last year.
Beth Shinn, a professor at Vanderbilt University and a member of the Affordable Housing Task Force, says she’d like to see 20,000 new units over the next five to ten years.