Home » Louisville awarded $1M HUD grant to revitalize Russell neighborhood

Louisville awarded $1M HUD grant to revitalize Russell neighborhood

Part of $8 million in HUD grants

LOUISVILLE, Ky. (July 7, 2016) — Louisville was awarded $1 million from U.S. Housing and Urban Development (HUD) as part of $8 million in grants to 10 severely distressed neighborhoods to stimulate affordable housing and economic development, HUD Secretary Julián Castro today announced. Louisville’s grant was awarded for the Russell neighborhood.

Funded through HUD’s Choice Neighborhoods Initiative, grants will help local leaders to craft comprehensive, homegrown plans to revitalize and transform neighborhoods.

The initiative promotes a comprehensive approach to transforming neighborhoods struggling to address the interconnected challenges of distressed housing, inadequate schools, poor health, high crime, and lack of capital.

“No child should be limited in life by the zip code where they were born,” said Castro. “Today, we’re kick starting the revitalization in 10 distressed neighborhoods across the country. These grants will lay a firm foundation upon which we’ll build better, more thoughtful neighborhoods that are more connected to all the opportunities their communities have to offer.”

Choice Neighborhoods is focused on three core goals:

  • Housing: Replace distressed public and assisted housing with high-quality mixed-income housing that is well-managed and responsive to the needs of the surrounding neighborhood.
  • People: Improve educational outcomes and intergenerational mobility for youth with services and supports delivered directly to youth and their families.
  • Neighborhood: Create the conditions necessary for public and private reinvestment in distressed neighborhoods to offer the kinds of amenities and assets, including safety, good schools, and commercial activity, that are important to families’ choices about their community.

Until now, Choice Neighborhoods Planning Grant funds could only be used to create a neighborhood Transformation Plan. However, experience with the 63 previously awarded Choice Neighborhoods Planning Grantees has shown that tangible, early actions help sustain community energy, attract new resources, and build momentum to turn that plan into reality.

HUD’s FY15/16 Choice Neighborhoods Planning Grant funds build upon these lessons by introducing Planning and Action Grants. Greater Dayton Premier Management, Louisville Metro Housing Authority, the City of Phoenix, and the City of Shreveport will each receive additional funding for action activities. With this additional funding, communities with severely distressed public or HUD-assisted housing will continue to develop a successful neighborhood transformation plan and build the support necessary for that plan to be successfully implemented. In addition, Planning and Action Grant funds will also enable activities including:

  • Reclaiming and recycling vacant property into community gardens, pocket parks, farmers’ markets, or land banking.
  • Beautification, place making, and community arts projects.
  • Homeowner and business façade improvement programs.
  • Neighborhood broadband/Wi-Fi.
  • Fresh food initiatives.
  • Gap financing for economic development projects.

Through the Choice Neighborhoods planning process local governments, housing authorities, residents, nonprofits, tribal authorities, private developers, school districts, police departments, and other civic organizations create a common vision and develop effective strategies to revitalize their neighborhood. The resulting Transformation Plan and locally driven Action Activities lay the foundation for revitalizing the distressed public and/or assisted housing units, transforming the surrounding neighborhood, and promoting opportunities for families.