mens uggs City seeks public input for using neighborhood stabilization funds

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By Scott Harvey bio emailLOUISVILLE, KY (WAVE) The city of Louisville will get $7 million to help clean up some local neighborhoods. Five areas in the Metro have been highlighted to receive the federal dollars. As WAVE 3 Scott Harvey reports, the purpose is to rebuild or demolish homes in neighborhoods suffering with foreclosures.Even if you pay your mortgage on time a boarded up abandoned home brings down the value of your home. The city says they want to change that, but need the help of residents to find where the money is needed most.”The old neighborhood isn anything like it used to be,” said Jimmy Noe.Noe has lived in his Smoketown area home for 27 years, but he says he had enough.”Next year I selling it,” Noe said. “I getting away from here.”Noe still picks up trash around the sidewalk in front of his home on Camp Street every day. But beer cans and cigarette butts can compete with what surrounds his home.”That one and that one both need to be torn down,” Noe said as he pointed to the two abandoned homes that sandwich his.Noe may soon get his wish. The city of Louisville has secured a $7 million federal grant from the Neighborhood Stabilization Program, part of the federal Housing and Economic Recovery Act.”Purchase, rehabilitate, or demolish vacant or abandoned foreclosed buildings,” said Kerri Richardson,
mens uggs City seeks public input for using neighborhood stabilization funds
a spokesperson for Mayor Jerry Abramson office.Noe says the timing couldn be better. “If I was to try and sell mine right now these here would knock the value down on mine quite a bit.””When you have homeowners or property owners that continue to make their mortgage payments, are on time, and have no problems with their properties, they still suffer detriment of having properties nearby that are foreclosed,” said Richardson.Smoketown is just one of five areas that the city plans to help.”What we want to do is target that money in a smaller area, because when you put a lot of money in a smaller area you can see a big difference,” said Richardson. “If we put a little bit of money everywhere it would dilute the impact. We don want a diluted impact.”The city is holding a public meeting, Saturday, January 17th for residents that live in Newburg, Smoketown near Shelby Park, Shawnee, Portland,
mens uggs City seeks public input for using neighborhood stabilization funds
and Park duValle. The meeting will take place at the Louisville Urban League at 1535 West Broadway.