Louisville wants to close wealth gap through homeownership
Louisville leaders look to create generational wealth Louisville Metro Council allocated $3 million to the Down Payment Assistance Program to help close the city's wealth gap. Author: Gabrielle Harmon Updated: 9:23 PM EDT July 5, 2021 LOUISVILLE, Ky. — Metro City Council has increased funds for the down payment assistance program, allowing more people with low to moderate-income access to home buying. The goal is to close the city's wealth gap and create generational wealth. "In the last few years we've only had about a million dollars in down payment an...