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New Metro Housing Report shows disturbing trend in Louisville – WDRB 41 Louisville News

The findings in the report showed a disturbing trend continues: hundreds of Louisville families face foreclosure and eviction every day.

Wednesday, November 14th 2018, 6:02 PM EST

LOUISVILLE, Ky. (WDRB) — An alarming number of homeowners and renters in Louisville in danger of ending up on the street, according to the 2018 State of Metropolitan Housing Report released at the Louisville Urban League on Wednesday.

The report, which was produced by the Metropolitan Housing Coalition and University of Louisville’s Center for Environmental Policy Management, examines nine housing indicators that are tracked to assess annual progress on fair housing and affordable housing opportunities in the 13-county Louisville metropolitan area, which includes five counties in southern Indiana.

The findings in the report showed a disturbing trend continues: hundreds of Louisville families face foreclosure and eviction every day.

“Foreclosures are on the rise,” said Cathy Hinko, executive director of the Metropolitan Housing Coalition. “Eviction court daily has, I’m sure, hundreds of evictions.”

And according to the report, there is a disturbing trend taking place in zip codes 40211, 40212 and 40216.
“Those zip codes also have a large or higher concentration of black and African-American families,” said Dr. Lauren Heberle, professor of sociology at the University of Louisville.
Heberle said the trend involves foreclosure sales.
“Those are also zip codes where folks struggle to keep pace with any kind of economic improvement that the region experiences,” she said.
Officials with the housing coalition believe there are several potential solutions, including educating homeowners and renters and working with the court system to implement diversion programs.

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Source: New Metro Housing Report shows disturbing trend in Louisville – WDRB 41 Louisville News

2018-11-15T13:54:56+00:00
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