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The original item was published from 2/5/2019 9:56:09 PM to 2/5/2019 10:00:52 PM.

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Posted on: February 5, 2019

[ARCHIVED] Donelson Transit development envisions 'downtown' for one of nation's hottest ZIP codes

The Donelson plan, which Metro Council began vetting in March, would create a district where MDHA could devote up to $30 million of Metro tax revenue to “fund infrastructure, affordable housing and economic-development activities.” One-third of that money, or $10 million, would be devoted to subsidizing construction of affordable and workforce housing, targeted to different income levels (typically, affordable units are priced for people earning no more than 60 percent of the area median income, while workforce units are priced for people making up to or even a bit more than the area median income). Councilman Jeff Syracuse, who represents Donelson, said he continues to coordinate with MDHA, the Metro Planning Department and the council to create the framework for how best to establish the transit-oriented development district, which would be the first of its kind in Davidson County.

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