From Red Lined to the Triple Bottom Line
Serving nonprofits supporting 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 very 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 the true impacts of a policy, program or project.
LCAN is a small group. After considering how we could promote racial equity most effectively, we created this Urban Energy Partnership. We hope it will bridge a bit of the gap created by red-lining and improve our partners' Triple Bottom Lines.
In February 2023, LCAN will solicit applications from nonprofits that serve primarily Louisville's Black and Brown communities and own their facilities or have a long-term lease. Based on where we can be most effective, we will choose six-eight applicants for the following services at no cost to them:
Utility bill analysis to identify billing errors and insightful usage patterns and bench-marking with comparable facilities
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
LCAN is finishing up the UEP's "soft start," funded by Ky. Interfaith Power & Light, the Sisters of Charity of Nazareth, Sociable Weaver Foundation and LCAN member Roger Ohlman. Together, our investments into the eight participating nonprofits yielded these benefits:
An acre of interior space upgraded to LED lighting or smart thermostats
Total annual reduction in electricity use equivalent to the current use of over 42 typical Louisville homes
Total annual savings of $5,600+ by seven clients; an eighth has halved its LG&E bills!
Over 44 US tons of greenhouse gas emissions prevented annually