LEXINGTON, Ky. (ABC36 NEWS NOW) – City leaders, including Mayor Linda Gorton, gathered on Magoffin Street Wednesday morning for the ribbon-cutting ceremony of a new affordable housing triplex. This development is part of Lexington’s effort to increase accessible housing options. Officials explained that the rent for these new units will be set at 30 percent of the total household income, making it an affordable option for many residents looking to stay in the heart of Lexington. The project aims to address the city’s ongoing need for more inclusive housing solutions. Categories: Featured, GMK, Local News, News Tags: affordable housing, Development, housing solutions, Lexington, local news, Magoffin Street, Mayor Gorton, News