Invest Louisville is an opportunity for local projects to receive high impact capital. It is designed to move money and resources into parts of Louisville that have experienced decades of disinvestment through loans, debt guarantees, lines of credit, and equity.

Invest Louisville will provide for-profit corporate entities and nonprofit organizations with equitable and impactful investments, particularly in the areas of affordable and accessible housing, entrepreneurship, and land development.

If you have an impact investment project, we want to hear from you.

An Opportunity for Local Projects to Receive High Impact Investment Capital

Current Investees

Flagstone Initiative was issued a $500,000 loan to expand their emergency rent loan program in Louisville, which provides temporary financial stability to rent-burdened households living paycheck to paycheck with little to no savings. With these loans, qualifying renters can manage small financial shocks before they worsen and potentially turn into an eviction or homelessness.

Guarantee on Lines of Credit for Small Businesses. Invest Louisville committed up to $500,000 as a guarantee to support small businesses participating in the Amped Business Accelerator. The guarantee enables a banking partner to offer the businesses lines of credit by addressing perceptions of credit risk.

Louisville Urban League was issued a $1 million loan to seed its Reparative Economics Fund. This new investment vehicle created and operated by the Louisville Urban League will provide flexible capital options to Black-owned small businesses and community organizations. The fund will help create 500 stable Black-owned companies by 2027, a goal identified in A Path Forward Strategic Plan: FY23 – FY33.

New Directions Housing Corporation was issued a $1.5 million line of credit to support renovations of existing properties and to build new affordable housing developments. With this line of credit, Invest Louisville is contributing to the creation and preservation of affordable housing units serving individuals making the lowest incomes in our community.

REBOUND (Rebuilding Our Urban Neighborhood Dwellings) is a nonprofit Community Housing Development Organization that promotes affordable housing, community development, expands opportunities, and improves stability for Louisville’s low-income and vulnerable families, primarily in West Louisville but throughout the entire city. REBOUND was issued a $750,000 loan to acquire property in Louisville’s West End to build a mixed-use development which will provide rental housing and quality space for social justice organizations with a focus on affordable housing, education and advocacy.

Re:Land Group is an emerging urban planning, design, and development group that invests in neighborhoods by empowering communities. Re:Land was issued a $1.5 million pre-development loan to build 233 units of affordable multi-family housing on what was previously an abandoned industrial site in the Park Hill/Algonquin neighborhood.

West End Industries was issued a $2.2 million loan to provide capital for the acquisition of a building at 1301 West Main Street to serve as a production facility and headquarters for West End Gin. This locally owned, Black-owned business intends to create local jobs, hire from the West End, and attract spirits tourism revenue towards the West End.

Invest Louisville’s Priorities

• Accelerating equitable access to capital
• Addressing Louisville’s critical need for affordable and accessible housing
• Growing local businesses so they can employ more Louisvillians
• Transforming abandoned and underused real estate and land assets into community-serving facilities and properties