Louisville Central Development Corporation (LCDC) was created by LCCC in 1991 with a mission of promoting and fostering economic and housing development projects. Community development initiatives of LCDC are a major influence to the city’s neighborhood and economic revitalization efforts in the historic Russell neighborhood area. LCDC, as a HUD designated Community Housing Development Organization (CHDO), is among the first organizations to develop affordable, attractive, single-family market rate housing in the historic Russell neighborhood.
Through LCDC, LCCC made significant community impact in the Russell neighborhood during the 1990’s and early 2000’s, including market-rate housing development, micro-business development, and creation of the Old Walnut Street development.
Today, LCCC’s neighborhood development mission is to co-lead efforts to revitalize economic/social conditions to improve the quality of life for children and families within Russell and other nearby west Louisville neighborhoods. We are accomplishing our mission through collaborative partnership initiatives such as our VISTA-Russell Neighborhood Capacity Building Project, co-creation of the Grand Lyric Theater, Vision Russell, the Ali “BLVD” arts and culture corridor, and more.
Our neighborhood development goals aim to:
- Improve the built environment by building, renovating and maintaining residential and community properties
- Strive toward providing educational, social, recreational and economic opportunities
- Advance self-reliance to foster self-worth and individual responsibility among community members