Friday, October 23, 2026·Focal News

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Louisville housing coalition needs $350,000 to unlock $1 million loan

The Metropolitan Housing Coalition must raise $350,000 in new capital before it can access a $1 million loan for affordable housing. The Louisville nonprofit has operated a revolving loan fund since 1997.

Louisville housing coalition needs $350,000 to unlock $1 million loan

The Metropolitan Housing Coalition will need to raise $350,000 in new capital to access a $1 million loan for affordable housing, according to information published Oct. 23, 2026.

The Louisville nonprofit has operated a revolving loan fund since 1997. The available details do not identify the loan’s lender, terms or the specific housing projects it would support.

The funding comes as Louisville faces rising housing costs, making the coalition’s ability to secure the required capital a key step toward using the loan for affordable housing.

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