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Building on Generosity: 
Laura Slaughter Laura Slaughter

Building on Generosity: 

The incredible $15,000 grant from BGCF365, awarded to Gleanings Housing in May, has been the financial foundation for the framing phase of our Florence Ave duplex build.

With the slab foundation complete in early August, we started framing on September 6th. Thanks to a dedicated crew of volunteers, we worked every Saturday throughout September, quickly moving from a concrete slab to a towering lumber frame ready for roof trusses. A huge part of this success was our volunteer framing foreman, who brought 35 years of professional knowledge to our team.

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The Newest Project: Florence Ave Duplex
Laura Slaughter Laura Slaughter

The Newest Project: Florence Ave Duplex

Gleanings Housing purchased 732 Florence Ave vacant lot from the Master Commissioners Sale in November of 2024.  The lot is zoned R2 and conveniently located on a public bus route, with Douglass Park less than a mile away. Duane Clup, a retired licensed architect, has completed architectural drawings for the duplex able to be used to obtain building permits. The duplex will feature one one-bedroom unit and one two-bedroom unit, both designed to remain affordable for the city's most economically disadvantaged households.

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The Housing Supply Gap Explored
Laura Slaughter Laura Slaughter

The Housing Supply Gap Explored

The gap in our housing supply has definite numbers, both in Kentucky and Lexington. The Kentucky Housing Corporation (KHC) commissioned Bowen National Research to complete a comprehensive survey of the state’s housing supply. Their survey analysis resulted in housing supply information as of 2024 and a projected estimate of housing supply gap for 2029 to assist housing providers, developers, local leaders, and nonprofit organizations with a better understanding of the state of the housing market.​​​ Here are the numbers:

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The Cost of Housing
Laura Slaughter Laura Slaughter

The Cost of Housing

The ‘experts’ are suggesting that the increased cost has come due to a bottlenecking of supply and demand. This would lead to a decrease in cost within the next several months. Other ‘experts’ predict that a small drop will occur, but the price of materials is now shifted to a new level due to aging population, limited natural resources, shifting economies and a plethora of other factors.

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Housing Shortage
Laura Slaughter Laura Slaughter

Housing Shortage

The ‘starter’ home, a single-family house usually less than 1500 sq ft, hit peak production as the staple of residential housing in late 1970s. The US construction sector was building 418,000 new ‘starter’ homes a year. That peak coincided with homeownership rates peaking, which suggests that an entry-level housing supply has a connection to homeownership.

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Financing Affordable
Laura Slaughter Laura Slaughter

Financing Affordable

Affordable housing, affectionately known as housing projects, until the late 1960s was built and managed directly by the government.

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