LHOME works to create a better Louisville
The need for a community development financial institution was realized by the leadership of Jewish Family and Career Services and the Metropolitan Housing Coalition. These two nonprofits formed LHOME, with the aim to provide greatly needed low-interest, credit building loans to low-income Louisvillians. The two agencies realized that much of this work was well suited for organizations with a deep history of providing affordable housing. LHome now operates with the support of JFCS and MHC, along with that of the Housing Partnership and New Directions Housing Corporation.
LHOME exists to combat community deterioration and relieve poverty in economically disadvantaged areas of Louisville. As an impact driven financial institution LHOME will be able undertake community development and revitalization programs, stimulate the development of affordable housing and support micro-enterprise development efforts by low-income individuals.