Educate. Empower.
Engage.
The Alliance for an Affordable Nashville, a coalition of longstanding Nashville-centric affordable housing and community development nonprofits, works with city leaders, financial institutions and developers to address the city’s complex and growing housing crisis. Through coordinated, strategic and intentional efforts, this formidable collective of affordable housing advocates pioneer solutions using its members' immense experience and expertise built on a foundation of established successes.
Overview
We envision a Nashville in which all residents can join in its bright future. To this end, our goals are based on three major pillars:
Education
Calling greater attention to Nashville’s housing crisis and raising awareness of local affordable housing opportunities.
Empowerment
Preserving, upgrading and/or building affordable housing stock throughout Nashville, as well as leveraging our member organizations’ assets to equip families with the tools and resources to find and secure safe, affordable housing.
Engagement
Partnering with the city and private stakeholders to increase Nashville’s production of affordable housing. By advocating for policies, programs, and tools that will support or enhance our collective work, we can ensure that there is always a voice for affordable housing at every future stage of Nashville’s growth.
Issues
01.
Nashville is running out of affordable housing
- In 2017, 72% of zip codes in the greater Nashville area were deemed affordable. By 2021, that percentage has dropped to just 21%.
- According to the National Association of Realtors, approximately 56% of all homes listed in Nashville are only affordable to households with an annual income of more than $100k.
- The unfortunate reality that the affordable housing supply has been low for decades.
02.
A growing number of Nashvillians can’t keep up with skyrocketing prices
- Though the cost of rent has risen over 64% since 2011, average annual wages have only grown by 14%.
- Over 200,000 Nashvillians are paying more than they could afford for housing.
- 30% of residents are unable to afford housing.
- 70% of low-income renters are cost-burdened
03.
The need for affordable housing will be even more severe in the future
- According to a 2021 report from the Mayor’s Office’s Affordable Housing Task Force, Nashville needs to create 53,758 units by 2030, 18,000 of which need to be affordable to households earning 80% of the area median income level or lower..
- This is what the members of this Alliance do - we build, preserve and manage affordable homes, and have successfully done so for decades.
- Without intervention, Nashville could see an affordable housing gap of over 30,000 units by then.
Members
At this time, our Alliance is comprised of the following members:
Expertise
We are proud of the positive impact our organizations have made in Middle Tennessee and look forward to the many achievements yet to come. To date, together we have: