US Department of Housing and Urban Development Secretary Shaun Donovan says he supports the efforts to use a HUD-approved loan to finance construction of the Museum Plaza project. The ambitious development has been stalled for years. Last summer, city officials and the project’s developers announced plans to use money from HUD to get construction moving.… Continue reading HUD Secretary Praises Museum Plaza Financing Plan
US Department of Housing and Urban Development Secretary Shaun Donovan was in Louisville today to announce a $22 million grant to revitalize the Sheppard Square public housing development and the surrounding community. The grant is part of the Hope VI program and will be used to raze the current development and replace it with mixed-income… Continue reading Government Officials Announce $22 Million Sheppard Square Revitalization Loan
The stimulus money came through the Department of Housing and Urban Development’s Neighborhood Stabilization program. Mayor Greg Fischer says the house is one of several abandoned or foreclosed homes in the city to receive a makeover using federal dollars.
Local and federal officials Tuesday broke ground on a new grocery store for the Park DuValle housing development southwest of downtown. The project was funded largely through federal stimulus and housing funds.
The state applied for the loan through the Department of Housing and Urban Development, which uses private investments to help finance projects that will benefit multiple communities. Congressman John Yarmuth says he recently received a letter from HUD officials that said they were optimistic the loan could be arranged.