< Back to All News

Affordable Housing in Nevada County?

What is affordable housing in Nevada County? That was the focus of a town a town hall style meeting in Nevada City. A panel of experts shared opinions about affordable housing and the lack of it in Nevada County. Local realtor and Nevada County native Mimi Simmons provided the realities of housing costs in the area.

Listen to Mimi Simmons

Simmons used an example of a three-hunderd-thousand dollar mortgage costing a buyer approximately two-thpuisand dollars per month as affordable. She then compared it to the rental market.

Listen to Mimi Simmons

Supply and demand given as the cause for high prices for purchasing and renting properties. Fees being given the major blame for lack of new development. Simmons giving another real example.*

Listen to Mimi Simmons

A strong Not in my backyard drive also given credit for lack of growth.

Chuck Durrett, Principal Architect, Co-Housing Company, had done the research identifying five communities that could support high density living, which could lower housing costs.

Listen to Chuck Durrett

Though several ideas were brought up by members of the audience and panelists, no one solution presented itself at the meeting. All participants agreed that partnerships and working together is the best approach to addressing the affordable housingĀ  issue.

KNCO Web Comments Guidelines

  1. Keep it clean. Comments with inappropriate language, no matter how cleverly spelled or decorated will not be posted.
  2. Comments on the way the story was written or misspelled words will be passed on to the story authors and not posted.
  3. Please use your real name. Anonymous comments or comments posted using a fake name or web handle may not be posted.
  4. Please use your real email address so we can contact you.
  5. No flaming. Any comments that are primarily of a name calling finger pointing nature may not be posted.
  6. The comment section is not a right it is a privilege. KNCO retains all rights as to what is posted on its website.

Leave A Comment



* captcha