West Louisville community initiative aims to turn tenants in poo - WDRB 41 Louisville News

West Louisville community initiative aims to turn tenants in poor neighborhoods into home owners

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LOUISVILLE, Ky. (WDRB) -- There's a new push to boost home sales in Louisville's poorest neighborhoods. 

Dana McCue does not always enjoy the view from his front door near the corner of 17th and St. Catherine. He sees homes in disrepair, abandoned, boarded up and neighbors who come and go.

McCue said some renters don't seem to care about the condition of their property. 

"They get people to own them, some of them have the houses up to date pretty good," McCue said. "They rent them out and then they tear them up."

The West Louisville Community Initiative aims to change the view on McCue's street and throughout West Louisville by boosting home ownership.

"There's a lot of people renting today that could be a home buyer and would never know because they haven't asked the question," Loan Officer Osia Craig said.

Craig is joined by three realtors in the housing effort. They want to turn 216 renters in West Louisville into home buyers in 2016. They believe a shift in home ownership would cause a ripple effect that could cut crime, bring more business to West Louisville and help take drugs and kids off the street. 

"With the pride of ownership, people will take care more," Realtor Curtis Owens said. "They'll clean up. They'll want to improve their neighborhoods. They'll see someone doing something they're not supposed to be doing and they're more able to say, 'this is our community, we don't want that to happen. I own a home here I have an investment here.'"

There's money to support the mission. It comes from agencies like the Kentucky Housing Corporation.Last week KHC awarded $7 million in forgivable loans to help first time home buyers in Jefferson, Kenton, Christian and Hardin County purchase with no down payment.  

"The Kentucky Housing Corporation wants to stabilize communities, and we're looking for ways to revitalize neighborhoods. If we can get families into abandoned and foreclosed homes it not only stabilizes that family it also stabilizes the community," KHC Spokesperson Charla Jackson Peter said. 

"The greatest challenge is to change mindsets, change people's thinking." said Owens. 

The West Louisville Community Initiative has launched an education and awareness campaign for first time home buyers.

The group hosts monthly seminars. The next one is scheduled for Feb. 27.

West Louisville Community Initiative 
Home Buying Seminar
2/27/2016
Contact: Debra Love Martin
502-523-1354
Hotel Louisville 
120 West Broadway 
Louisville, KY 40202 

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