Kalilah Collins Voices Concerns Over Possible Hope VI Displacement

City and federal officials have been applauding the U.S. Department of Housing and Urban Development’s decision to give Louisville a Hope VI grant to raze the Sheppard Square public housing complex, but many residents aren’t cheering. The city plans to replace Sheppard Square with a larger mixed-income neighborhood. HUD has promised that current residents will […]

Government Officials Announce $22 Million Sheppard Square Revitalization Loan

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 […]

HUD Letter Renews Hope For Museum Plaza Loan

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.

HUD Loan May Spur Museum Plaza Construction

The building’s developers have been working with city and state officials to put together an application for a $100 million loan from the Department of Housing and Urban Development. The loan would come from HUD’s Section-108 program. Twelve-hundred such loans have been distributed since 2008. Officials say the loan poses no risk to the state, as the developers have pledged to repay it.