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The affordable housing shortage is getting worse for Louisville's lowest-income residents, despite an increase in available homes, according to a new report released Wednesday.. In fact, the city ...
As the 2024 Housing Needs Assessment revealed, “[F]rom 2016 to 2021…the unmet need for housing for the city’s lowest income residents grew 15% to 36,160 units, and more than a quarter of ...
The federal government defines housing to be affordable when a family pays no more than 30% of its gross income on housing costs, including utilities.
Kentucky Housing Corporation was created in 1972 as a state housing finance agency by the General Assembly under the Mae Street Kidd Act with a $150,000 appropriation. In 1973, KHC originated its first bond issue totaling $51.2 million and received its first allocation from the United States Department of Housing and Urban Development (HUD) for 623 Section 8 New Construction units totaling $1. ...
The Louisville Metro Housing Authority is the government agency in Louisville, Kentucky that is charged with providing affordable housing and financial aid to homeowners and renters. It was formed in 2003 from the merger of the Housing Authority of Louisville and Jefferson County Housing Authority. [ 1]
The Fair Housing Act was passed at the urging of President Lyndon B. Johnson. Congress passed the federal Fair Housing Act (codified at 42 U.S.C. 3601-3619, penalties for violation at 42 U.S.C. 3631) Title VIII of the Civil Rights Act of 1968 only one week after the assassination of Martin Luther King Jr.
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