Last updated on November 9th, 2018 at 05:26 pm
The Nashville Junior Chamber is bringing together Nashville’s best and brightest young minds at Pitch Nashville 2017 to address Music City’s most pressing concern: finding an affordable place to live on August 14 from 6-8:30 pm at Montgomery Bell Academy.
Why? Because Nashville and its young people are in crisis.
The cost of housing has exploded in recent years, leaving even employed Nashvillians struggling to cover basic necessities in a city where artists could once survive by playing music on the street.
For those looking to buy, the most recent housing numbers showed a full 13% increase in the median price of a single family home from 2016 to 2017, shattering past records. For those required to rent, what cost a young family or entrepreneur only a few hundred dollars a month now often exceeds four figures.
Mayor Megan Barry’s ‘Housing Nashville Report’ estimates a need for 31,000 units of affordable housing by 2025, while close to 70% of low-income earners are cost-burdened, meaning they spend over 30% of their yearly income on housing.
The potential state-level deregulation of short term rental properties and a growing number of redevelopments of formerly affordable apartment complexes are set to stress the housing market even further.
Richard Exton, Jr. and Tyler Cauble are co-chairs of Pitch Nashville 2017, and they believe you’ve heard this all before. That’s why they want to create an event that would focus on solutions.
The idea behind Pitch Nashville is simple: Connect ambitious young innovators with the business and community leaders that can make their idea a reality. All with an eye towards improving the place we all call home.
Somewhere between a TED Talk and Shark Tank, these visionary leaders will make an eight-minute presentation in front of a live audience and an expert panel of judges on how to solve a pressing community issue in Nashville. The winning idea made by an individual or a team will receive the prize of access to dozens of industry leaders and activists.
Past winners have received monetary grants, resolutions from the mayor and the Metro Council, and unplanned opportunities that arose just by presenting at this event.
But to make affordable housing a reality, they need people to step up to the plate. That is why they are calling on young people across the city to come make their voices heard and apply to present at Pitch Nashville 2017.
No professional experience is required and there is no fee to apply. Simply fill out a brief information form or visit . They will send along an information packet with everything you need to know.
They also welcome business and community leaders willing to offer their time and expertise to this year’s winners to apply as a ‘community leader.’
Join in and help make Nashville a more affordable place to live.