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 […]
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 […]
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.
Museum Plaza’s developers are working with the state on an application for a $100 million Housing and Urban Development loan. The loan is arranged by HUD in Washington, but the money would come from private investors and would be guaranteed and repaid by the developers.
Before the application can be submitted, it must be open for public comment. A hearing on the plan will be held Wednesday in Frankfort.
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.
The Louisville Metro Housing Authority is preparing to resubmit an application for federal funds to demolish the Sheppard Square housing complex in the Smoketown neighborhood.
The number of people classified as homeless in Louisville has dropped drastically in the last year, but advocates say it’s because of a much more stringent definition of the word. Federal funds to help the homeless are handed out through the US Department of Housing and Urban Development – or HUD. They dispense funds according […]