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.

School for the Blind Gets 'Green' Loan

The new Green Bank of Kentucky has awarded its first loan to three state-run schools, including the Kentucky School for the Blind in Louisville. The Green Bank isn’t an actual bank, but a revolving loan program created by the state using federal stimulus money. The loans will be handed out for energy efficiency programs and… Continue reading School for the Blind Gets 'Green' Loan