Louisville group wants big investments in 2022 budget to improve racial equity – Louisville / Jefferson County, Kentucky



Louisville / Jefferson County, Kentucky 2021-05-30 02:52:00 –

Louisville Forward is making a major investment in next year’s budget to improve racial equality. The agency submitted a budget proposal to the Louisville Metro Council Budget Committee on Wednesday. Years Throughout this, 9th Avenue is known as the line that separates West Louisville from other cities, and economic development has often stalled. The Louisville fronts must improve access from the west to the central business district. We are proposing a project to rethink 9th Avenue. Louisville. The agency plans to invest $ 500,000 in the project and seek additional federal funding, said co-chief Jeff O’Brien. “One of the most important things we’ve heard is 9th Avenue. So for the residents of Beecher Terrace, we’ve worked hard to plan a more pedestrian-friendly 9th Avenue and tried to lower those barriers, ”said O’Brien. Members of Congress say improving the streets is not enough. “We are dealing with wealth inequality, income inequality and these inequalities that exist, the real ninth frontier. I have some concerns about just putting on makeup on the street, not just, ”said Jecoly Arthur, city council member. To remedy these disparities. When it comes to improving racial equality, the department suggests: $ 25,000 – Expand capacity building for the Black Business Association $ 65,000 – West Louisville Senior Economic Development Manager $ 100,000 – Additional funding for minority business incubators $ 2.7 million – Small Business Support Fund Rebecca Fleischaker, co-head of Louisville Forward, said the division will focus on small businesses rather than large commercial and industrial projects in West Louisville. “I really believe what is really needed to support change in West Louisville is at the retail and small business level. Mr Freisherker said the agency also made the additional equity investments in the West. We also plan to make it easier for residents of Louisville to obtain housing: $ 10 million – Louisville Affordable Housing Trust Fund $ 4.6 million – Home repair: Emergency / Exterior / Code relaxation and rental rehabilitation 3, $ 2 million – Affordable homeowner unit Preserva Russell and Other At-Risk Areas $ 3.4 million – House Fund $ 3.1 million – Russell Choice Neighborhood Infrastructure $ 3 million – Initial Support $ 750,000 – Louisville Fund / Development of Russell Neighborhood Engagement 500,000 The budget hearing for Dollar-Maple Street Park will continue over the next few weeks. The next opportunity for the public to speak is Thursday at 5 p.m. The audience will bring together 54 people. Registrations are currently closed.

Louisville Forward is investing heavily to improve racial equality in next year’s budget.

The agency submitted a budget proposal to the Louisville Metro Council Budget Committee on Wednesday. For years, 9th Avenue has been known as the border that separates West Louisville from the rest of the city, a place where economic development is often at a standstill.

Louisville Forward is proposing a project to redesign 9th Avenue to improve West Louisville’s access to the Central Business District. The department plans to invest $ 500,000 in the project and seek additional federal funding, said co-chief Jeff O’Brien.

“One of the most important things we’ve heard is that 9th Avenue is a barrier for residents of Beecher Terrace to cross downtown, so it’s a more pedestrian-friendly 9th Avenue. We worked hard to develop a plan to make it happen, to reduce those barriers, ”said O’Brien.

But some lawmakers say it’s not enough to improve the streets.

“We are concerned about simply putting makeup on the streets, rather than addressing the wealth inequalities, income inequalities and inequalities that exist, the real Ninth Street divide. “We are,” said Congressman Jecoly Arthur.

The ministry has taken further steps to address these disparities. When it comes to improving racial equality, the ministry suggests:

  • $ 25,000 – Black Business Association Capacity Building Expansion
  • $ 65,000 – Senior Manager of Economic Development, West Louisville
  • $ 100,000 – Additional funding for the minority business incubator
  • $ 2.7 million – SME Support Fund

Rebecca Fleischaker, co-head of Louisville Forward, said the division will focus on small businesses rather than large commercial and industrial projects in West Louisville.

“I truly believe that what is really needed to support change in West Louisville is in retail, small business and to support small business growth,” said Flyshaker. It was.

The division also aims to facilitate home ownership by residents of West Louisville through these additional equity investments.

  • $ 10 million – Louisville Affordable Housing Trust Fund
  • $ 4.6 M – Home repair: Emergency / Exterior / Deregulation and rental rehabilitation
  • $ 3.2 Million – Preserving Affordable Housing For Homeowners In Russell And Other Dangerous Areas
  • $ 3.4 million – HOME Fund
  • $ 3.1 million – Russell CHOICE neighborhood infrastructure
  • $ 3 million – Down payment assistance
  • $ 750,000 – Louisville Foundation / Development of the Russell neighborhood engagement
  • $ 500,000 – Maple Street Park

Budget hearings will continue over the next few weeks. The next opportunity for the general public to give their opinion is Thursday at 5 p.m. 54 people participated in the hearing and registrations are currently closed.

Louisville group wants big investments in 2022 budget to improve racial equity Source link Louisville group wants big investments in 2022 budget to improve racial equity



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