LOUISVILLE, Ky. (WDRB) — A Louisville housing advocacy group asked the city for money to help prevent people from becoming homeless.
The coalition called Safe & Stable: Housing for All wants funding included in next year's city budget. It's asking Metro Council to create a new $2.5 million housing stabilization fund to help keep people housed before they reach crisis. The average monthly mortgage payment on a median-priced Louisville home increased 85% in five years.
The group said the fund could help with homelessness prevention, affordable housing and pathways to homeownership.
"Housing instability may not be as visible as homelessness, but it is present in every neighborhood, in every council district across this city," said Talonda Holland, with Urban Strategies. "We are asking you to meet that challenge with innovation and data-driven solutions, because housing stability is not just a service, it is the foundation on which everything else in a person's life is built."
The group points out that money was available during the pandemic. It says evictions dropped dramatically when the city intervened early.
To learn more about the coalition, click here.
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