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Posts tagged as “New Directions Housing Corporation”

Nonprofit Aims To Address Louisville’s Vacant Properties Through Collaboration

Vacant and abandoned properties have different features. Some are empty, dilapidated structures. Others are overgrown plots. But all have an effect on the surrounding area.

New Directions Housing Corporation released its 17th annual Neighborhood Assessment Report this week, calling out a number of abandoned such properties that concern Louisville residents. But Kitty McKune, the nonprofit’s chief revitalization officer, said that this year, they wanted to get more people involved.

“I think we’re much better served as a community if we try to collaborate and come up with a coordinated, comprehensive plan to address this issue rather than everybody trying to be the Lone Ranger,” she said.

That’s why New Directions plans to dedicate all five of its Neighborhood Roundtable meetings this year to the topic.

McKune said more than 100 community members attended a Tuesday night meeting at the Chestnut St. YMCA, where she presented the report. City officials and attendees spoke about the issue and potential solutions.

Foreclosure is one avenue for dealing with vacant and abandoned properties, but McKune said it isn’t the final step. Properties need to be acquired and rehabilitated, and that requires capital, but it can be hard to get a bank loan in …