Louisville Metro is distributing a total of $40 million among seven affordable housing projects targeting the city’s poorest residents.
City officials were joined by housing advocates, nonprofit leaders and developers to make the announcement at a press conference in Metro Hall on Thursday. Combined, the seven projects will create almost 300 housing units for families making below 30% of the area median income, or about $27,000 for a family of four. The developments will be spread out across the city, from the Russell neighborhood in west Louisville to Hazelwood in the South End.
