Bill No. BL2024-607 amends the Metropolitan Code by adding a new Chapter 16.270, establishing a permanent affordable housing incentive program. This program aims to incentivize the creation and preservation of affordable housing units throughout the city. The bill outlines the criteria for projects to qualify for incentives, which may include financial assistance, expedited permitting, and other regulatory relief. The goal is to address the growing need for affordable housing options in Nashville by encouraging developers to incorporate affordable units into their projects or dedicate existing units to affordable housing.