Seven affordable housing complexes are now open in Louisville because Democrats secured $40 million from the American Rescue Plan. More than 300 families now have a safe space to call home.
"City, state and federal officials celebrated a big milestone for the city's fight to build more affordable housing. Addy Miners was at the celebration for the seven new affordable housing complexes completed. She explains what the city's plans are to continue the momentum. The main focus that the city had with its allotment of american rescue plan dollars was to build more affordable housing. Now, five years after that plan was announced, almost all the housing projects are finished because of these units. Over 300 families who make the lowest incomes in our community are served from Iroquois to Russell to the highlands and in Portland, seven new affordable housing options have come to life with the help of the american rescue plan. It's for seniors, it's for the mentally ill on our streets who are just need a little boost up in order to become stable. Um, and it's for regular working families. Christy McCravey is the executive director of the Louisville Affordable Housing Trust Fund and oversaw the distribution of $40 million from the american rescue plan to seven different projects, including the eclipse apartment complex gateway on Broadway, the Iroquois senior apartments and more. These funds opened the doors for forgotten and overlooked communities. The initiative started by Mayor Greg Fisher was continued by Mayor Craig Greenberg. But former congressman john Yarmuth played a critical role in getting the funding passed in 2021. People have kind of lost confidence in the government to do anything that helps them and makes their lives easier or better. And this is an example of how it can happen. Going forward, McCravey says they will need to find other ways to fund future projects to help address the affordable housing crisis. With the average price of rent in Louisville sitting between 12 and $1500 a month, McCravey says it needs to be sooner rather than later. Because we haven't made that commitment, we're seeing in our own community what happens."
💬 Discussion
Seven affordable housing complexes are now open in Louisville because Democrats secured $40 million from the American Rescue Plan. More than 300 families now have a safe space to call home.