Eight small Louisville [KY] businesses receive loans to expand (The Lane Report, KY)
The Lane Report
(7/25/2014 5:00 PM, The Lane Report)
LOUISVILLE, Ky. — Loans totaling $71,000 have been awarded to help eight small businesses in Louisville’s Shawnee Neighborhood expand. The loans are part of a program to support microbusinesses — those with five or fewer employees — created by the Louisville Metro Department of Community Services. The targeted efforts in Shawnee, part of the Shawnee Neighborhood Revitalization Strategy Area (NRSA), are grants given as a one-time incentive, which are forgivable after one year of operating. The loads are funded by federal dollars from a Community Development Block Grant by the U.S. Department of Housing and Urban Development to assist low to moderate-income microbusiness owners.
PD&R Leadership Message Archive
International & Philanthropic Spotlight Archive
Spotlight on PD&R Data Archive
Publications
Collecting, Analyzing, and Publicizing Data on Housing Turnover
Resilience Planning: What Communities Can Do to Keep Hazards from Turning into Disasters
Cityscape: Volume 26, Number 3
Case Studies
Case Study: Former School in Charleston, South Carolina, Transformed into Affordable Housing for Seniors
Case Study: Avalon Villas Combines Affordable Housing and Services for Families in a Gentrifying Phoenix Neighborhood
The contents of this article are the views of the author(s) and do not necessarily reflect the views or policies of the U.S. Department of Housing and Urban Development or the U.S. Government.
Note: Guidance documents, except when based on statutory or regulatory authority or law, do not have the force and effect of law and are not meant to bind the public in any way. Guidance documents are intended only to provide clarity to the public regarding existing requirements under the law or agency policies.