Louisville Affordable Housing Trust Fund receives $12.5 million from city budget

LOUISVILLE, Ky. — Inside Louisville’s newly minted budget for the new fiscal year, more than $12 million have been allocated to the Louisville Affordable Housing Trust Fund.

The Louisville Affordable Housing Trust Fund, a branch of the Louisville Metro Council, directs city tax revenue toward providing affordable housing for low-income individuals and families.

Christie McCravy, the executive director of the trust fund, said the money will help address the shortage of affordable housing in the city…

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