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The company also secured $400,000 in loans from the Louisville Affordable Housing Trust Fund and $5.6 million in tax-exempt bonds from the Kentucky Housing Corporation. ... The aim was to increase ...
In another move to close Louisville's affordable housing shortage, the city's trust fund will use $40 million for seven projects and about 300 units.
The affordable housing shortage is getting worse for Louisville's lowest-income residents, despite an increase in available homes, according to a new report released Wednesday.. In fact, the city ...
Kentucky Housing Corporation was created in 1972 as a state housing finance agency by the General Assembly under the Mae Street Kidd Act with a $150,000 appropriation. In 1973, KHC originated its first bond issue totaling $51.2 million and received its first allocation from the United States Department of Housing and Urban Development (HUD) for 623 Section 8 New Construction units totaling $1. ...
The Louisville Metro Housing Authority is the government agency in Louisville, Kentucky that is charged with providing affordable housing and financial aid to homeowners and renters. It was formed in 2003 from the merger of the Housing Authority of Louisville and Jefferson County Housing Authority. [1]
Description: The Iroquois Senior Living Complex, funded by the Louisville Affordable Housing Trust Fund and the Louisville Metro Housing Authority, is currently under construction with phase one ...
Statewide Housing Trust Funds are a significant source of financing for affordable housing nationwide, with 20% receiving more than $25 million per year in funding and some reaching more than $100 million. Currently, 47 of 50 states in the U.S. have at least one Housing Trust Fund.
Sherrod, a community advocate on the city’s Affordable Housing Trust Fund board of directors, believes the city should do more to salvage houses like the one at 1745 W. Hill and turn them into ...
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