Mar 20 Local News Louisville Get Seven-Million Dollars for Foreclosure Buy-Ups Louisville has received nearly seven-million dollars in funds from the federal government to buy up foreclosed properties in specific neighborhoods and renovate them. It’s an effort to prevent property values from falling. The money comes from the Neighborhood Stabilization Program approved by Congress in last year’s Economic Recovery Act (2008). Mayor Jerry Abramson says they’re […] By Stephanie Crosby Mar 20 Local News Louisville Get Seven-Million Dollars for Foreclosure Buy-Ups Stephanie Crosby