From Red Lined to the Triple Bottom Line
Serving the nonprofits who serve Louisville's Black and Brown communities
Yellow areas were labeled "definitely declining" and red, "hazardous." Loan applications for properties in yellow areas were scrutinized warily, and outright rejected for properties in red-lined areas.
That lack of financing led to those neighborhoods' decline. With home
In the 1940s, as in many US cities, Louisville was delineated, block by block, into color-coded maps. A block's racial composition often was a factor in those assessments. Lenders used the maps to decide whether to make loans to families seeking to buy or improve their homes.
ownership being the top source of familial wealth, this pernicious practice imposed lasting damage on generations of lower-income and Black families.
The "triple bottom line" refers to three interconnected realms of sustainability: environmental, economic and social. It's a more complete way to evaluate true impact of a policy, program or project.
LCAN is a small group. After considering how we could promote racial equity most effectively, we created the Urban Energy Partnership. We hope it will bridge some of the gap created by red-lining and improve our clients' triple bottom line.
Soon, LCAN will begin accepting applications from nonprofit organizations that primarily serve Louisville's Black and Brown communities and own their facilities. Based on where we think we can be most effective, we will choose six organizations for the following services at no cost to them:
Utility bill analysis to identify billing errors and insightful usage patterns
On-site energy assessment of the organization's facilities
Recommendations for cutting carbon and costs, while improving comfort
Assistance with raising implementation funds to the extent feasible
Workshops to assure operational practices sustain reductions
Rebate paperwork completed and submitted on time
Interested in applying to participate or making a restricted contribution to this program? Please use this Contact form.