Community Land Trust
On December 21, 2020, Mayor Greg Fischer announced that Louisville Metro will enter into an agreement with community development organization REBOUND to establish a community land trust (CLT) in the Russell and Smoketown neighborhoods, using up to $2.1 million in federal Community Development Block Grant funds.
REBOUND is partnering with Bates Community Development Corp., Center for Neighborhoods and River City Housing on this effort. As part of their work, the partners will help establish a new community-led organization that will manage the CLT, according to the group’s proposal. The process will begin with substantial public engagement in the Russell and Smoketown neighborhoods.
Learn more about REBOUND's plans from the press release announcing the partnership and by viewing the documents below.
Community Land Trust Request for Proposals
Community Land Trust Purchasing Memo
REBOUND's Proposed Budget Narrative
REBOUND 2019 CHDO Certification