Painter’s Row - Louisville, KY
Painter’s Row is an adaptive reuse of two 4-story brick warehouses from the 1880s into 71-unit workforce housing multifamily and commercial space development in Louisville, KY. 100% of the multifamily units will be priced below 80% of AMI.
Total Project Cost: $16.1mm
Catalyst Equity Investment: $1.6mm
Impact Thesis:
Provide 71 affordable housing units priced below 80% AMI
Support economic development in the neighborhood and target nonprofit and social enterprise business users for the commercial space, which will offer goods and services that benefit the local community
Complete adaptive reuse of existing structure, which diverts waste from landfills