Affordable Housing Development Program

The Office of Housing and Community Development is committed to the development of affordable housing in Louisville, Jefferson County, Kentucky.

Our goal is to offer housing choices to a range of homebuyers and renters, by creating “quality of place” neighborhoods with a diverse blend of affordable housing types, supported by public facilities and other amenities.
 
Richmont Terrace Multi-Family Development Request for Proposals
The Metro Louisville Department of Develop Louisville, working through its Office of Housing & Community Development, is soliciting qualified developers, both non-profit and for-profit, to purchase and develop vacant properties into affordable, multi-family rental units to eligible residents in the Richmont Terrace neighborhood (at or below 80% of Area Median income). Richmont Terrace is located in Metro Council District 1 and is about eight miles southwest of Downtown Louisville.  Applicants may submit proposals for purchase and development of more than one parcel. Applicants may be selected to enter into negotiations for a contract or contracts, but nothing in this Informal Request for Proposals or in the responses hereto shall require the Metro Government to execute a contract with any Applicant. 
 
 
Forms to Submit
 
Questions can be directed to Adam Lyons at adam.lyons@louisvilleky.gov or (502) 574-1959

NOFA

Develop Louisville, working through its Office of Housing and Community Development ("OHCD"), is soliciting proposals from nonprofits, including Community Housing Development Organizations ("CHDO''), Community Development Corporations (“CDC”) and for-profit developers for "gap financing” needs associated with Metro-wide affordable housing development projects. Louisville Metro Government ("LMG") has set aside funding from the U.S. Department of Housing and Urban Development ('"HUD'') HOME Investment Partnerships Program ("HOME''), to fund multiple projects.

 
The 2017 NOFA focuses on HOME and the program goals are to offer housing choices to a range of homebuyers and renters, by creating "quality of place" neighborhoods, with a diverse blend of affordable housing types, supported by public facilities and other amenities. LMG has CHDO set-aside, and general HOME dollars available to commit for projects. LMG has allocated, at a minimum, $2,149,888.85 for this NOFA, of which $350,910 reserved for CHDOs to undertake development activities.
 

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