Simmons College of Kentucky, Louisville's only Historically Black College or University, has announced a major investment in its athletics program aimed at helping graduating athletes.
As reported by ABC affiliate WHAS in Louisville, Simmons College president Rev. Kevin Cosby says the goal is to build five homes in the Parkland neighborhood for five graduates each year.
"We're trying to make Louisville a HBCU town," Cosby said.
Athletic director Jerry Eaves called the new housing program "the biggest thing to happen in athletics in this city."
Eaves said athletes must graduate from Simmons College with a four-year degree in order to qualify for the program. They also need to take a one-year financial literacy class at Park Community Credit Union and another class at Louisville Urban League. Once graduates are done, they will be eligible to own a home.
"We're going to make these kids be successful, or give them the best opportunity to be successful," Eaves said.
Former Simmons basketball player James Mosley, the program's first participant, said he can't wait to move into his new home Aug. 22.
"It's a big step," said Mosley, who's also becoming the college's new assistant men's basketball coach. "I'm very excited."