Rents rise in Louisville as housing-related program seeks funding for another year

LOUISVILLE, Ky. (WAVE) — An 80-year-old Louisville man said he searched and searched, but couldn’t find an apartment for rent in his price range.

“I guess I’ll be sleeping on the street,” said the man, who did not want to be identified. he fears this will make landlords even less likely to rent to him. “I have no choice. There is no option.

His current lease is not being renewed. He must be out of his seven-year-old home by July 31.

“I looked for apartments all over town and even in Indiana,” he said. Still, he said he couldn’t find a prize his social security check could support.

According RentData.orgLouisville Metro rent prices have jumped more than 12% in the past two years, up from 6.5% in the previous two years.

Natalie Harris, Executive Director of Coalition for the Homelesssee the problem too.

“It’s really, really hard right now to find units that people can afford,” Harris said. She said they help customers search “apartment after apartment to find one they can afford”.

These rent spikes come as funding for tenant assistance programs hangs in the balance.

Right to Counsel is a 2021 program that provides qualified low-income families facing eviction with free legal assistance through legal aid.

Stewart Pope, Legal Aid’s advocacy director, said the program is more helpful than ever, as rental assistance in the age of the pandemic has declined.

“We’re back to sort of normal times, when there’s no rental assistance,” Pope said. “So I think the idea behind the right to counsel and what we’re trying to do is negotiate with landlords, [helping tenants] not become homeless or sleep in their car.

This week, the Louisville Metro Council is participating in budget meetings to determine how to fund programs like Right to Counsel in the next fiscal year.

Pope said he had every reason to believe the funding would come, “and we can keep working.” There is also CARES Act funding that could be channeled into housing programs.

Meanwhile, the 80-year-old struggling to find an affordable new home has a darker outlook.

“I feel like I have absolutely no hope,” he said.

WAVE – Louisville and southern Indiana NBC affiliate. Follow us on Twitter and Instagram @wave3news.(VAGUE)

Copyright 2022 WAVE. All rights reserved.

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