Louisville CARES
Develop Louisville
Louisville, Kentucky
The program was developed to address the need for affordable, multi-family housing for households making 80% or less of the Area Median Income. Louisville CARES is intended to address “cost burdening,” a situation in which a family spends more than 30% of its income for housing and utilities.
Contact
Marilyn Harris
Develop Louisville
[email protected]
502-574-3737
Other Eligibility Requirements
No other eligibility requirements
Eligibility Limitations
Does not limit eligibility on these criteria
Priority Populations
Extremely low-income households (income less than 30% AMI); Very low-income households (income less than 50% AMI)
Total Funding
$18,930,000
Funding Source
General revenue
Funding Year
2019
How Provided?
Development loans; Development grants
Data Collected by Program
Income; Race; Ethnicity; Disability status; Age