Monday September 16, 2013
For Immediate Release:
Louisville Metro Council
Contact: Tony Hyatt 574-4137 / 526-3622
Louisville – It is a new day for 65 families in Metro Louisville’s District 10. They will soon have the chance to move in to safe, affordable housing after Monday’s announcement that the Housing Partnership Inc. will take possession of 65 apartments on Nightingale Road.
“This is a great day for our community because the condition of the apartments and changes in ownership this area of Nightingale Road has been a concern for many years,” said President Jim King (D-10). “Now with local and state government and the private sector working together, this neglected property will be restored for those in need of affordable housing.”
With $600,000 in foreclosure settlement funds from Kentucky Attorney General Jack Conway, private fund raising and a $500,000 grant from Community Services and Revitalization secured by President King, HPI has 51% ownership of the apartments in the 1400 block of Nightingale Road and will be able to refurbish and restore many of the units.
“Ultimately, our mission to provide affordable housing isn’t just about buildings. It’s about the families who live in those buildings. People live in these deplorable conditions, often without the resources to move,” said Mike Hynes, President of HPI. “President King really understands that. It was our privilege to be able to work with him throughout the process of acquiring these buildings. Because of his commitment to the families in Louisville Metro, we can begin to bring real change for the 65 families who will move into these apartments.”
The Nightingale Road announcement was made today with General Conway and officials with HPI. Nightingale Road is located off of Poplar Level Road.
Incidents of vacant and abandoned property have increased dramatically in Metro Louisville since the 2009 recession. As a result, President King created the Metro Council’s Ad Hoc Committee on Vacant Property to monitor the problem and work to find ways of turning those properties in affordable housing. The committee is chaired by Councilman Kelly Downard (R-16) and Councilwoman Attica Scott (D)-1)
‘Nightingale Road may serve as a catalyst for more partnerships between government and the private sector. The need for affordable housing is always with us,” said King.
HPI is a 501(c) 3 nonprofit whose mission is to create, sustain, and promote access to affordable housing by strengthening neighborhoods and improving the lives of families through education, preservation, and development.
Jim King (D) 10