COVINGTON, Ky. – The City of Covington is moving forward with plans to transform vacant, city-owned land in the Austinburg neighborhood, into an affordable senior housing development, directly addressing one of the community’s most pressing needs. 

Neighborhood Investment Partners, an independent nonprofit affiliated with the City, and Kingsley & Co., a Cincinnati-based developer, have agreed to purchase several acres of property at 609 Patton Street, near the Licking River, from the City. 

The project calls for constructing 60 income-based units for seniors earning between 30% and 80% of the area median income (AMI). The development partners have applied for federal Low-Income Housing Tax Credits (LIHTC), a key resource that supports the construction of affordable housing nationwide. 

Mayor Ron Washington emphasized how this development reflects the City’s commitment to addressing housing needs head-on. 

“Addressing housing availability and affordability is one of my top priorities, and this project at 609 Patton St. is a prime example of how we can make real progress,” Washington said. “It’s an opportunity to provide safe, stable housing for seniors in our community, and I’m committed to supporting efforts like this that directly meet our residents’ needs.” 

Neighborhood Services Director Brandon Holmes noted the importance of the project for both the housing market and the City’s broader vision. 

“This development would help fill a critical gap in our housing market by creating quality, income-based options for seniors,” Holmes said. “It aligns with our broader goals of reinvesting in underused properties and ensuring Covington remains an inclusive place for people at all stages of life.” 

If approved, the development at 609 Patton Street will bring new life to an underutilized property, create much-needed housing for seniors, and further the City’s mission to build a more equitable Covington.