The LAHTF will host two orientation sessions for the FY’2025 funding period. They will be held virtually on Wednesday, September 18, 2024 at 11 a.m., and Thursday, September 19, 2024 at 2:00 p.m. Please use the link below to register to attend one of the sessions so that YOU are prepared to complete the application.
BY JONATHON GREGG KENTUCKY
PUBLISHED 7:19 PM ET APR. 24, 2023
LOUISVILLE, Ky. — The Louisville Affordable Housing Trust Fund is dedicating $12 million to combat the effects of redlining in the city.
LOUISVILLE, Ky. (WDRB) — A new program launching in Louisville is offering up to $50,000 to 200 families to clean up and and purchase homes in neighborhoods there were previously affected by redlining.
According to the Louisville Affordable Housing Trust Fund, redlining is defined as, “a discriminatory practice of denying or offering less favorable loans for housing to people in certain neighborhoods or areas based on their demographics or perceived risk.” The fund goes on to state that the practice, “contributed to the racial segregation and inequality that shaped the way America looks today.”
The term originated in the 1930s when the fund said lenders would draw red lines on maps to mark areas they would avoid.
When Louisville Mayor Greg Fischer proposed a continuation budget in April, it was with the assumption that the coronavirus pandemic would decimate city revenues. At the time, mass protests for racial justice and accountability in the case of the police killing of Breonna Taylor were weeks away.
Since that initial proposal, new information and new demands — particularly from Black Louisvillians — have emerged.
Metro Council’s budget committee unanimously passed amendments to the Mayor’s proposed operating and capital budget Monday that attempt to address some of those concerns.
Louisville Metro Council approved a budget Tuesday that trims more than $25 million from the city’s budget starting July 1. The cuts span across city departments affecting public safety and services that residents rely on every day. Host Jean West joined Ryan Van Velzer, who was at the Metro Council meeting Tuesday night, to discuss a few different programs that affect some of the city’s most vulnerable residents.
So on Tuesday night the Metro Council overwhelmingly approved the city’s largest budget cut since the Great Recession. Mayor Greg Fischer said the budget reflects the realities of the states increasing pension obligations.
Commonwealth Institute of Kentucky
University of Louisville
Susan Buchino, PhD, OTR/L
Catherine Fosl, PhD
Lora Haynes, PhD
Kelly Kinahan, PhD
Linda Omer, PhD
Diane Zero, MEd
Homelessness is on the rise nationally, and it is among the most vexing of social problems, one that touches on aspects of virtually every other social policy in a given community and nation. The United States (U.S.) Department of Housing and Urban Development (HUD) defines homelessness as “sleeping in a place not meant for human habitation OR living in a homeless emergency shelter.”16 Not only does homelessness severely impact the wellbeing of the individuals and families experiencing it,
The Louisville Affordable Housing Trust Fund (LAHTF) and Louisville Creating Affordable Residences for Economic Success program (CARES) are two distinct programs that work together with many partners in the Louisville area to provide quality, affordable housing. Each housing project is unique, complex and often depends on multiple funding streams to serve a range of incomes and tenants.
Since 2017, the LAHTF has received more than $22 million in funding for development projects and supportive housing grants that are located throughout Louisville. By Louisville Metro Ordinance, at least half of all funding MUST be used for families with household income equal to or less than 50% Area Median Income.
With less than two weeks to go before Metro Council members must decide whether to pass a version of the mayor’s proposed tax hike, lawmakers have yet to reach a consensus on the specifics.
At a special meeting at City Hall on Monday, most of the council’s 26 members gathered to discuss their ideas on how to address the projected budget shortfall the mayor’s office anticipates will amount to $65 million over the next four years. Mayor Greg Fischer and his allies blame the gap largely on an increasing state pension liability,
Advocates say the city needs more affordable housing. Developers receiving funds this year from the Louisville Affordable Housing Trust Fund aim to deliver on that front.
Advocates say Louisville needs more affordable housing. Developers receiving funds this year from the Louisville Affordable Housing Trust Fund aim to deliver on that front.
The Trust Fund allocated nearly $8.8 million to developers who will create or preserve 1,115 units across Louisville, the city announced this week.
Louisville Metro Government will host three public meetings this week on housing, aimed at developing a housing needs assessment for the city.
Louisville Metro Government will host three public meetings this week on housing, aimed at developing a housing needs assessment for the city.
Led by the Louisville Metro Office of Housing & Community Development, and the Louisville Affordable Housing Trust Fund, the assessment will examine housing market trends to determine what affording housing opportunities and concerns need to be addressed in Louisville.
