Baton Rouge leaders discuss possible solutions to address affordable housing crisis

BATON ROUGE, La. (WAFB) – Louisiana is going through a scarcity of inexpensive housing, and households are feeling the strain in Baton Rouge.

On Thursday, April 20, Management Baton Rouge Alumni hosted a panel dialogue with state and native leaders to debate potential options to handle the inexpensive housing disaster.

In line with Louisiana Housing Company Government Director Joshua Hollins, an inexpensive and thriving housing market is significant to the success of rising native communities.

“After we take into consideration our working class, after we take into consideration ensuring our group continues to thrive, inexpensive housing needs to be within the dialog,” stated Hollins.

Consultants on the assembly pointed to excessive rates of interest and rising inflation as a part of the explanation why the inexpensive housing disaster has exacerbated over the previous few years.

One panelist from the assembly stated he want to see extra banks come out of pocket and spend money on low-income areas to handle the issue.

“I want to see how we have been simply as intentional to constructing the suburbs and bringing assets and infrastructure to the suburban sides of city over the past 50 years, I might like to see that very same intentionality in the case of these traditionally Black intercity communities,” stated Anthony Kimble, Founder & CEO of Kimble Properties.

Different ideas from the panel included persuading extra builders to come back to Baton Rouge, instructing extra monetary literacy, and leaning on lawmakers to provide you with extra legal guidelines to create extra tax reduction.

Leaders say an answer won’t come in a single day, however they consider these open conversations are a step in the precise course.

“I feel we’re on the cusp of one thing nice right here in Baton Rouge and within the parish of East Baton Rouge,” stated Hollins.

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