OMAHA, Neb (KMTV) — BROADCAST TRANSCRIPT:A new affordable housing development has been approved for the Leavenworth corridor in Omaha, offering some relief to renters in a neighborhood where costs have climbed alongside rapid development. The city's Planning Board has approved a 50-unit affordable housing project at Park Avenue and Pacific Street. Laura Green, president of the Leavenworth Neighborhood Association, said the project's structure offers stability that standard market-rate housing does not. "Families that might be lower, middle income, it becomes very difficult when you are putting roughly 50 percent of your monthly income towards rent," Green said. Christian Gray, co-executive director of InCommon, a nonprofit focused on housing development and community projects, said investment in the Leavenworth corridor has brought visible improvements — but at a cost.