On January 16, 2015 the Louisville Metro Housing Authority (LMHA) was awarded a $425,000 Choice Neighborhoods planning grant from the U.S. Department of Housing and Urban Development (HUD) for the Beecher Terrace public housing development and the Russell Neighborhood. The Choice Neighborhoods program, which supersedes the HOPE VI Revitalization program, is centered on three core goals:
- To transform distressed public and assisted housing into energy efficient, mixed-income housing that is physically and financially viable over the long-term;
- To support positive outcomes for families who live in the target developments and the surrounding neighborhoods, particularly outcomes related to residents’ health, safety, employment, mobility and education; and
- To transform distressed, high-poverty neighborhoods into viable, mixed-income neighborhoods with access to well-functioning services, high quality public schools and education programs, high quality early learning programs and services, public assets, public transportation, and improved access to jobs.
HUD received 50 applications for the FY2014 round of Choice Neighborhoods planning grant funding and awarded a total of seven grants. Planning activities related to the grant, culminating in the development of a community-endorsed, implementable, and financially feasible Transformation Plan for the Russell Neighborhood, will continue for two years after grant award, or until January 16, 2017.
Louisville Metro Government, which has contributed more than $500,000 to the project, will also work with the Authority and its partners, including Planning Coordinator, EJP Consulting Group, to develop financing strategies and begin securing funding to implement the Transformation Plan.
North: Market Street
East: 9th Street (Roy Wilkins Ave.)
West: I-264 (West of 32nd Street)