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Portshaw Place Apartments bring 38 affordable units to Louisville
Summary
Portshaw Place Apartments opened in Louisville’s Shawnee neighborhood with 38 income-based units. Organizers said the project received more than $5.4 million from an American Rescue Plan Act trust fund.
Content
A new affordable housing complex opened in Louisville’s Shawnee neighborhood with a ribbon-cutting ceremony attended by local leaders and partners. City officials described safe, stable housing as a foundation for families amid rising costs. The project was developed through a partnership of Rebound Inc., Portshaw CDC and the Louisville Urban League. Organizers said federal funding was a key part of making the development possible.
Key details:
- 38 income-based apartments are now open in the Shawnee neighborhood of Louisville.
- Of the 38 units, 28 are reserved for households at up to 50% of the area median income and 10 are reserved for households at 30% of the area median income.
- The complex includes one- and two-bedroom units, on-site parking and 24-hour security.
- The project was produced in collaboration with Rebound Inc., Portshaw CDC and the Louisville Urban League.
- Organizers reported that more than $5.4 million from an American Rescue Plan Act trust fund supported the development.
Summary:
Supporters said Portshaw Place is part of a broader effort to expand affordable housing options across Louisville and that progress depends on sustained, intentional investment. Undetermined at this time.
