Covington Seeks Developers for Affordable Housing on Seven Vacant Lots
The city of Covington, Kentucky, is actively seeking developers to purchase and redevelop seven city-owned residential parcels located in the Eastside neighborhood. The primary goal of this initiative is to increase housing availability within the city, with a particular emphasis on creating affordable and workforce housing options. Mayor Ron Washington has expressed the city's commitment to expanding housing opportunities for its residents. The parcels, which include five adjacent lots on Pleasant Street and two on E. 13th Street, are currently zoned Semi-Urban Residential, allowing for various housing types such as single-family homes, townhomes, condominiums, and two-family residences. The city will prioritize proposals that involve redeveloping multiple lots together rather than individual projects. While market-rate proposals will be considered, they must meet or exceed the appraised values of the properties. Developers interested in submitting proposals must do so by October 29, 2026, with questions ...