Categories
Community Drop the FEAR and Focus on the FAITH Early Childhood Education Guiding Lights: A Journey of Courage, Compassion and Faith Leadership Development Real Estate Self-Improve Small Businesses Workforce Development

Embracing Debt‑Free Education in the Post‑Federal Aid Era – March 2025

How students, schools, and donors can thrive without federal loans – inspired by the Louisville Beauty Academy and Di Tran University model

A New Reality: The Post-Federal Student Aid Era

Federal student loan programs are undergoing seismic changes. Forgiveness plans are stalled, and traditional aid like FAFSA is no longer a sure lifeline. In fact, income-driven repayment and Public Service Loan Forgiveness (PSLF) have effectively been blocked or suspended – leaving many borrowers with monthly payments that quadrupled, some soaring to $900–$5,000 . Defaults are rising, credit scores are plummeting, and families are questioning the true cost and worth of an expensive college education .

A news alert from early 2025 announcing plans to dismantle the U.S. Department of Education. Such changes underscore the urgency for alternative education models.

This may sound alarming, but there’s a silver lining. With the decline of easy federal money, real value and honest pricing are back in focus. We are witnessing “the end of the federal free-money era” and perhaps the best thing that’s happened to education in decades . Schools now must compete on price and outcomes, not on access to government funds . And students are seeking faster, affordable pathways to careers. In this new reality, cash-based, debt-free education isn’t just a niche – it’s becoming the sustainable path forward .

One shining example leading this transformation is Louisville Beauty Academy (LBA) in Kentucky. LBA has shown that quality education doesn’t require taking on a six-figure loan – or any loan at all . And with the forthcoming Di Tran University initiative, this model is set to expand nationally as a future-ready approach to learning . Below, we offer guidance for students and schools to navigate this post-federal-aid era, and explain how nonprofits and donors can play a pivotal role.

For Future Students: Choosing Debt-Free, Cash-Based Education

If you’re a prospective student, the old “borrow now, pay later” mindset is fading fast. The collapse of federal aid programs means it’s time to plan your education around what you can afford, not what you can borrow. That doesn’t mean compromising on your dreams – it means pursuing them in a smarter, debt-free way. Look for schools and programs that prioritize transparent, pay-as-you-go tuition and practical skills.

Consider vocational and career-focused institutions like Louisville Beauty Academy or the upcoming Di Tran University network. These schools offer accredited training that you can pay for in real time, avoiding the debt trap. At LBA, for example, students don’t take out loans at all – they simply pay modest monthly installments and finish their program quickly . The result? Graduates enter the workforce with no debt weighing them down.

As you evaluate your options, seek programs where you can:

• Pay tuition in monthly installments with zero interest. The best schools today allow you to “pay as you go” on an interest-free plan instead of demanding lump sums . (At LBA, some plans start at just $100/month !)

• Finish training in a year or less. A shorter program means you start earning sooner. Most LBA students, for instance, graduate in under 12 months .

• Earn a recognized credential or license. Make sure the program leads to a tangible qualification (e.g. a cosmetology license, IT certificate, etc.) that employers value .

• Benefit from job placement support. Schools that partner with local employers give you a direct pipeline to a job after graduation . (LBA works with area salons and spas so graduates often walk straight into employment.)

• Avoid taking on any debt. This is key – confirm that the school’s payment plans or scholarships can cover costs so you don’t need federal loans or costly private loans .

Louisville Beauty Academy checks all these boxes ** **. With tuition capped under $7,000 (including supplies) – roughly half the cost of other beauty schools in the region – LBA has redefined value in education . It even offers a tuition-match guarantee (they’ll match a competitor’s lower price, if found) . This kind of student-first, cash-pay model is likely to become the norm. As a future student, aligning your plans with such debt-free programs will set you up for success in the new landscape.

And it’s not just about beauty school. Di Tran University, now in development through a partnership between LBA and the nonprofit New American Business Association (NABA), aims to bring this model to a range of career fields . The focus will be on purpose-driven, human-centered professions that AI can’t replace, from wellness to skilled trades . By the time you’re enrolling, you might find a Di Tran University campus or affiliate in your region offering low-cost, employment-focused degrees in fields like healthcare support, tech maintenance, or design – all on a cash-pay basis. In short, debt-free education isn’t a limitation, it’s an upgrade to a more practical and empowering college experience.

For Current Students: Navigating Rising Loan Payments and Uncertainty

What if you’re already in college or graduate school and counting on programs like IDR or PSLF to manage your loans? Many students in 2025 have been hit with an unpleasant surprise: with forgiveness programs stalled, loan bills have come due at full force. You might be seeing payments now that are several times higher than what you budgeted for . Don’t panic – there are actionable steps you can take to regain control of your education and finances:

1. Reevaluate Your Education Path. It’s OK to pivot if the costs have become unmanageable. Consider transferring to a more affordable institution or a community college to finish your degree. Even if you’ve completed a lot of credits, doing your last year at a school with lower tuition can save you thousands. For example, some students choose to transfer into Louisville Beauty Academy’s instructor training or specialized programs, gaining a marketable credential at a fraction of the cost they were paying elsewhere (LBA’s full program costs are often half of similar programs in neighboring states ). Every semester you pay in cash (instead of borrowing) is less debt on your shoulders.

2. Supplement with Low-Cost Certifications. If transferring schools isn’t practical, you can still boost your employability without more loans. Look into short-term courses or certifications you can pay for out-of-pocket. Perhaps you’re pursuing a bachelor’s but worried about its job prospects – you could take weekend classes in, say, esthetics or coding at a cash-pay school. Schools like LBA even offer 3-day microblading courses and other quick skill programs that are affordably priced . Such additional qualifications can help you earn income (or a better job) while you finish your main degree, easing the pressure of loan repayment.

3. Use No-Interest Payment Plans. If you remain at your current college, avoid piling on new loans for living expenses or remaining tuition. Ask if you can spread out payments. Many schools are starting to offer installment plans. Take inspiration from LBA’s model – their students finance their education through interest-free monthly payments . Even if your school charges a small fee for a payment plan, it’s worth avoiding high-interest loans or credit cards. The key is to budget month-to-month. Work part-time if you can and funnel those earnings directly into these monthly tuition payments. It requires discipline, but it prevents new debt from accruing.

4. Seek Employer or Community Support. Now is a great time to tap into any tuition assistance programs. Does your employer (or a parent’s employer) offer education benefits? Some companies will pay for a portion of your schooling if it relates to your job or if you commit to working for them for a time after graduation. Similarly, local nonprofits and workforce development programs might offer grants if you’re training in a high-demand field. At Louisville Beauty Academy, they’ve pioneered employer-sponsored tuition: local salons and spas help co-fund students’ tuition in exchange for a commitment to work there after licensure . Think of it as a work-back scholarship. Even if you’re not in cosmetology, you can propose a similar idea to businesses in your industry – many are eager to invest in talent. Don’t hesitate to reach out to community foundations or trade organizations as well, which often have scholarships for students in specific fields (nursing, teaching, IT, etc.) especially when public funding is uncertain.

5. Communicate with Your Lenders. This is more reactive, but if you truly cannot meet the new payment requirements, talk to your loan servicer. While federal programs are in flux, you might still explore options like refinancing with a private lender at a lower rate or extending the term of your loan (caution: that can increase total interest, but it can give breathing room now). Some states are discussing stopgap measures or temporary relief funds – for example, there’s attention on state-level initiatives to support students as federal aid contracts . Stay informed on any programs in your state. The bottom line: don’t just default without exploring alternatives. Protect your credit if you can, and use the above strategies to lighten the load.

Most importantly, keep looking forward. Even if you reduce your course load to work more, or switch schools, you are still on the path to your goal. Many of your peers are in the same boat, rethinking plans and making tough choices. By choosing the smarter, leaner route now, you’ll emerge in a few years with credentials and a manageable financial situation. The end of easy loans doesn’t mean the end of your dreams – it just means you’ll achieve them with more resilience and resourcefulness. And that’s something to be proud of.

For Schools: Adapting to a World Without Federal Aid

Educational institutions themselves face a reckoning. If you are an administrator or school owner reliant on federal student aid (Pell grants, federal loans, etc.) for your enrollment and revenue, the changes in policy can seem dire. But schools that adapt swiftly can not only survive – they can lead in this new era. Here’s how existing schools and colleges can adjust their strategy:

Embrace Transparency and Affordability. With federal funds drying up, prospective students and families are laser-focused on cost and outcomes. It’s time to take a hard look at your tuition and fees. Trim the fat wherever possible – find efficiencies in operations so you can lower tuition sticker price and still cover costs. The goal is to reach a price point that students can reasonably pay out-of-pocket or with minimal financing. Louisville Beauty Academy’s success is instructive: LBA caps tuition for its programs under $7,000 (inclusive of books and kits) , far below competitors charging $12k–$25k. Yet LBA still delivers quality training and has a profitable business model. How? It operates lean, employs multi-skilled staff, and avoids expensive frills that don’t serve learning. By competing on price and value rather than amenities, you can attract the growing pool of cost-conscious students. Remember, when students ask “How quickly can I get trained and start working?”, you want to have a compelling answer . Schools that can proudly advertise transparent, low tuition and strong job placement rates will have the edge when loans are no longer footing the bill.

Adopt (or Partner on) the Di Tran Model. One innovative approach for schools is to separate the educational mission from property ownership and investor pressures. The Di Tran University model, pioneered in Louisville, does exactly this: it uses nonprofit and community investor funding to purchase campus facilities, while the school itself runs on a cash-flow (tuition-funded) basis . In practice, that means your school might partner with a nonprofit that raises donations to buy your building or build your next location. Freed from mortgage or lease costs, you could charge much lower tuition. LBA is already doing this for its expansion – new campuses in Lexington, KY and beyond are being financed entirely through philanthropic investments in real estate . The school then simply operates in those buildings, charging students only what’s needed for instruction, not to cover capital expenses. It’s a revolutionary yet simple idea: donors fund the infrastructure, students fund the education. If you’re a school owner, consider reaching out to partner with initiatives like NABA or Di Tran University. By collaborating, you might transform your institution into a branch of a broader, mission-driven network. Di Tran University is actively designing a scalable national network of purpose-based colleges anchored in affordability and real employment outcomes – why not be part of that future? Schools can share curriculum resources, pooled marketing, and the credibility of a larger brand, all while maintaining local autonomy in day-to-day teaching. The blueprint is replicable: Louisville Beauty Academy proved it works, and now Di Tran University and NABA are ready to help other schools adopt the model .

Leverage Local Funding and Legislation. In the absence of federal dollars, look closer to home. Many state governments and city councils are investing in workforce development and vocational training. Kentucky, for example, authorized $75 million in 2024 to upgrade vocational schools and facilities – money that schools like yours could tap into. Engage with your state’s education officials and lawmakers. Make the case for why your program is essential for the local economy and how funding infrastructure or scholarships for your students will pay off in job creation. LBA has been working directly with Kentucky’s legislature to ensure vocational education receives funding and facility grants . Your school can likewise become a local champion for affordable education. Pursue grants, propose public-private partnerships, and show that by investing in your school, the community is effectively investing in its own workforce. Additionally, strengthening ties with local employers can attract sponsorships – hospitals might support nursing programs, tech companies might sponsor an IT academy, etc., especially if those employers get a pipeline of trained graduates in return.

Double Down on Outcomes. Lastly, a strategic shift for any school now is to prioritize job outcomes over degrees-for-degrees’ sake. In a debt-free education model, the question isn’t “How many years is the program?” but “What will graduates be able to do and earn?”. Align your curriculum with industry needs. Shorten programs if you can, or break them into smaller certificates that stack into a degree – allowing students to hit milestones and gain employable skills each step of the way. For example, instead of a 4-year all-or-nothing program, consider offering a 1-year diploma with an option to continue further. Students may opt to start working after the first credential and come back later for more, paying as they go. Flexibility will be key. When your alumni succeed, spread the word: testimonials of students who graduated debt-free and found good jobs are powerful. In the post-federal-aid world, schools must prove their worth every day. The good news is, if you genuinely equip students to “gain real skills that help them serve others and thrive,” you’ll earn trust and reputation . Those institutions that remain stuck in the old tuition-and-loan cycle, however, will struggle to survive. So be proactive, be creative, and make affordability and employability your competitive advantages.

The Power of Nonprofits and Donors: A Generational Solution

A cornerstone of the LBA/Di Tran model is the strategic use of nonprofit support and donor funding to achieve debt-free education. The New American Business Association Inc. (NABA) – a 501(c)(3) nonprofit co-founded by entrepreneur Di Tran – illustrates how this works. NABA’s mission is to enable affordable education and entrepreneurship, and one of its tactics is buying real estate for schools through charitable donations. This approach has tremendous advantages:

• Donor funds go toward capital assets, not operating costs. Instead of writing a check that a school might use up on salaries or advertising, donors to NABA know their contributions are used to purchase or build educational facilities . For instance, a wealthy alum or community member might donate $100,000 which NABA then uses as a down payment on a new building for a school campus. All of a sudden, the school doesn’t have a landlord or bank loan to pay. By lifting that burden, the school can charge students only for the remaining expenses (instructors, materials, utilities, etc.). In other words, owning the building outright allows the academy to offer tuition at a bare-minimum price – truly just the cost of education.

• Long-term stability and legacy. When a nonprofit owns a school building, it’s essentially creating an asset that will serve students for generations. A group of baby boomer donors, for example, can pool resources through NABA to buy a facility in their hometown that becomes “Di Tran University – [City Name] Campus.” That campus could educate thousands of young people over the next few decades, all tuition-funded with no debt required. Donors love this model because it creates a real, tangible legacy. As NABA puts it, they are helping build “real estate-backed legacies that house learning for decades to come.” It’s more impactful than a one-time scholarship – it’s an investment in the community’s educational infrastructure. And if needed, those buildings can even serve as collateral to secure additional low-interest funds or grants, ensuring long-term sustainability . It’s a virtuous cycle: community funding builds the school, the school produces skilled graduates who strengthen the community, and the presence of a successful school increases the value and vibrancy of the community’s economy.

• Tax benefits and incentives. The partnership between nonprofits and education isn’t just good-willed – it’s supported by law. Donations to a qualified 501(c)(3) like NABA are tax-deductible for the donor under federal law . That means individuals or businesses contributing to these projects can often write off the donation, reducing their tax liability. This incentive can be a huge motivator, especially for donors who are nearing retirement and looking to give back (while also managing their taxable estate or required distributions). On the school side, having a nonprofit own the property can confer tax advantages too. In Kentucky, for instance, property owned and used by an educational nonprofit is exempt from state and local property taxes . That’s a significant saving year after year. The nonprofit can also often access grants and public funds that a for-profit school might not qualify for, further boosting the resources available. In short, the government encourages educational philanthropy through these tax mechanisms – it’s a win-win for donors and schools.

• Public trust through transparency. Nonprofits are required to be mission-focused and transparent in their finances. NABA, for example, must report on how donations are used to further its educational and charitable mission. This transparency builds trust with donors and the public. A donor can see that 100% of their gift went into a building fund, not into some administrative black hole. And the community can see the nonprofit’s board and leadership are stewards of the mission, not profiteers. This matters because unfortunately some for-profit colleges in the past have earned bad reputations for taking student loan money and providing little value. In contrast, a nonprofit-backed school model signals accountability. The school isn’t trying to maximize profit; it’s trying to maximize impact. That narrative not only attracts donors but also appeals to students and parents who are understandably skeptical these days. It’s comforting to enroll in a school that’s supported by community leaders and run with a service mindset.

The New American Business Association (NABA) has been actively championing this approach. Every dollar NABA raises is funneled into expanding Louisville Beauty Academy and establishing Di Tran University branches across the country . They call upon those who have done well in life – often local business owners or retirees – to invest in the next generation by funding education facilities . And many are answering that call. If you’re a potential donor or even a school leader, consider joining forces with such a nonprofit. Whether through direct donations, offering land or buildings you own, or forming a local advisory partnership, you can be part of a new legacy. As one LBA initiative slogan puts it, “No Debt, No Stress” for students, enabled by the generosity and foresight of community supporters. With relatively modest contributions pooled together, we can create permanent, debt-free educational opportunities in communities nationwide.

Legal Foundations: How This Model Stands Up Under Law

It’s important to address the legal context that makes all of the above possible. What may seem like uncharted territory – nonprofits owning school property, or charities partnering with for-profit colleges – is actually supported by a framework of federal and state laws.

Nonprofit Ownership of Educational Property: In the U.S., nonprofits (especially those with 501(c)(3) status) are not only allowed to own property, it’s common – think of churches, private universities, or charities that own thrift stores. The key is that the property must be used to advance the nonprofit’s tax-exempt purpose. Education is a recognized charitable purpose. Under Kentucky law, for example, the state constitution (Section 170) explicitly exempts from property tax any real estate owned by institutions of education or purely public charity, as long as it’s not used for private gain and the income is devoted solely to the cause of education . This means if a nonprofit like NABA acquires a building and uses it for a school like LBA or Di Tran University, that property is typically not subject to property tax – a substantial legal benefit that keeps overhead low. Federally, a 501(c)(3) nonprofit can also earn rental income or other revenue from a property it owns tax-free, provided that income is related to its mission (education, in this case) . In practice, if NABA owns a campus and the school (even if technically a for-profit company) pays a nominal rent, NABA can use that rent money entirely for its educational mission, with no federal income tax on it (and likely no state tax either, per Kentucky statutes) . Nonprofit property ownership for education is not only legal; it’s encouraged via these tax exemptions that acknowledge the public good being served.

Partnerships Between Nonprofits and For-Profit Schools: Can a nonprofit and a for-profit really work together without running afoul of IRS rules? Yes – if done correctly. The IRS has provided guidance on this in what are known as “joint venture” rulings. A landmark ruling in 2004 (Revenue Ruling 2004-51) clarified that a 501(c)(3) nonprofit can participate in a joint venture with a for-profit entity without jeopardizing its tax-exempt status, so long as certain conditions are met . Chief among those conditions: the venture must further the nonprofit’s exempt (educational) purpose, and the nonprofit must retain enough control to ensure its charitable mission prevails . In practical terms, this could mean the nonprofit and the school form a partnership or an LLC to own a campus or run a program, with governance shared 50/50, and the nonprofit having veto power over any decisions that stray from the educational mission . The IRS also requires that the arrangement not unduly benefit private interests – the classic “private benefit” test . The nonprofit’s involvement has to be exclusively in furtherance of its mission, and any benefit to the for-profit (like earning revenue or enhancing its business) should be incidental to achieving the educational purpose . What does this mean for, say, NABA and Louisville Beauty Academy? It means NABA could legally own a stake in the school or its assets, or run a program jointly with LBA’s owners, as long as educating students (not making money) is the driving goal. The contracts (lease agreements, etc.) would need to be at fair market value and negotiated at arm’s length, to ensure neither side is getting a sweetheart deal. When structured properly, such partnerships are not only legal – they’re increasingly common in healthcare and education sectors where private and public interests intersect. The law essentially says: so long as the nonprofit partner keeps the venture aligned with its public-service mission, it can work with for-profit entities as a force multiplier. This legal flexibility is what allows Di Tran University (a not-for-profit initiative under NABA) to collaborate with a for-profit like LBA to everyone’s benefit. The nonprofit brings in donations and oversight, the for-profit school brings in educational expertise and agility, and together they serve more students. It’s a model fully within the bounds of federal law, and state law will generally respect the same boundaries.

Tax-Deductible Donations and Funding: As mentioned, one of the biggest legal incentives powering this movement is the tax deductibility of donations. Under Section 170 of the Internal Revenue Code, donations to a 501(c)(3) are tax-deductible to the donor (assuming they itemize deductions) . If a retired individual donates $10,000 to NABA, that may reduce their taxable income by $10,000, which can be a sizeable savings come tax time. Businesses can often deduct charitable gifts as well. Moreover, the nonprofit itself is tax-exempt, so it can use the entire donation for its mission – none of that gift will be lost to income taxes. Donors can also give in non-cash ways: donating appreciated stock (getting a deduction for market value and avoiding capital gains tax), or donating property directly (which is how some schools obtain their buildings). These tools are encouraged by tax policy because Congress wants to promote private support of education and other charitable causes. On the state level, many states echo these tax breaks. Kentucky, for instance, not only provides property tax exemption as discussed, but also exempts nonprofit educational organizations from state income tax and even certain sales taxes . The legal context is actually very favorable for what LBA and Di Tran University are doing. It’s simply a matter of more people learning about these opportunities and taking advantage of them.

In summary, both federal and Kentucky law provide a solid foundation for this new educational model. Nonprofits can own and support schools (and are rewarded with tax incentives for doing so), public-private partnerships in education are permissible when focused on the public good, and donors are encouraged through tax benefits to invest in educational causes. All the legal pieces are in place; it’s now about execution and awareness.

Conclusion: A Future of Opportunity and Optimism

Standing at the crossroads of an educational revolution, it’s clear that the end of the easy-loan era is not a disaster – it’s a turning point. We are returning to the roots of what education is supposed to be about: learning useful skills, at a reasonable cost, to better oneself and one’s community . The Louisville Beauty Academy has demonstrated that this ideal is achievable today, not in some distant future. Every day, LBA students gain valuable professional skills without taking on debt, proving that motivation, mentorship, and a modest monthly payment can accomplish what massive loans never could . Now, with New American Business Association and Di Tran University expanding this blueprint nationally, the potential exists to replicate this success across all kinds of fields and regions .

For students, this future means freedom. You can pursue your passions without the specter of decades-long debt. You can enter adulthood ready to build wealth, not pay off interest. For educators and schools, it means a refreshing realignment with student interests – no more gaming the loan system, but rather truly serving learners in a competitive marketplace where quality and cost matter. For donors and community leaders, it means a chance to leave a legacy that genuinely changes lives, by putting education back into the hands of the community. Instead of lamenting the loss of federal support, you are part of the solution, innovating new ways to uplift the next generation.

Is this a easy transition? Of course not. There will be growing pains. Not every institution will adapt successfully. But those who innovate and stay student-centered will thrive. The writing is on the wall: “Cash-based education is back.” People want it, and America needs it. If you’re reading this as a student, take heart – there are more paths and second chances now than ever, especially as the debt-free education movement gains steam. If you’re an educator or policymaker, know that what might seem like an upheaval is actually an opportunity to fix long-standing issues of access and equity. We can create an education system where students graduate ready to contribute, without the ball-and-chain of debt holding them back.

Louisville Beauty Academy’s story is just the beginning. It shows what’s possible when we put people over profit and community over bureaucracy . As this model spreads through ventures like Di Tran University, we may well look back on this decade as a time of positive transformation in American education. Together – students, schools, donors, and communities – we can ensure that affordable, practical, and inspirational education is available to all, no matter what changes come from Washington. The post-federal-aid era, in the end, might just be the era that empowers millions to chase their American Dream without fear or hesitation. And that is something to be genuinely excited about.

Categories
Community Kentucky Pharmacy Louisville, KY Small Businesses

Kentucky Pharmacy LLC and Dr. Vy Truong, PharmD: A Legacy of Care, Community, and Award-Winning Excellence

Louisville’s Premier Independent Pharmacy Continues to Shine With Prestigious Honors

In the heart of Louisville, a story of resilience, compassion, and excellence unfolds through the extraordinary work of Kentucky Pharmacy LLC and its visionary leader, Dr. Vy Truong, PharmD. At a time when independent pharmacies across the U.S. face relentless challenges—from insurance complexities to financial pressures—Kentucky Pharmacy has not only persevered but thrived, earning award after award for its commitment to service and innovation.

A Year of Recognitions: Honoring Leadership and Community Impact

Under the leadership of Dr. Vy Truong, Kentucky Pharmacy has been showered with multiple prestigious awards, a testament to the pharmacy’s unwavering dedication to accessible and compassionate healthcare:

🏆 2025 Family Business AwardLouisville Business First
🏆 2025 Mosaic AwardJewish Family & Career Services
🏆 2024 Most Admired Woman in LouisvilleToday’s Woman Magazine

These accolades reflect Dr. Truong’s deep-rooted mission—to serve the underserved, uplift communities, and ensure that every patient, regardless of background or financial status, receives the care they deserve.

Kentucky Pharmacy: A Pillar of Compassionate Healthcare

More than just a pharmacy, Kentucky Pharmacy LLC is a lifeline for many in Louisville. Located within the Harbor House of Louisville, a $17+ million state-of-the-art medical facility, the pharmacy is the first point of care for patients entering the medical center. Their philosophy, “Health Within Reach – Care Within Heart,” is more than a slogan—it is the foundation of their service.

With free prescription delivery, multilingual support, medication therapy management, and 24-hour pickup for non-stocked items, Kentucky Pharmacy is not only breaking barriers in healthcare accessibility but also redefining what it means to be a patient-centered pharmacy.

Dr. Vy Truong: A Leader Forged by Compassion and Dedication

As an immigrant, pharmacist, and business leader, Dr. Vy Truong’s journey is one of hard work, resilience, and heart-led service. Her leadership, alongside co-founder and COO Di Tran, has transformed Kentucky Pharmacy into one of the most recognized independent pharmacies in Kentucky.

“I believe in serving with love first—because when we lead with care, success follows,” says Dr. Truong. Her family-first, community-first approach is what sets Kentucky Pharmacy apart from larger corporate chains.

A Call to Action: Experience the Kentucky Pharmacy Difference

For those seeking a pharmacy that truly cares, Kentucky Pharmacy is just a text or call away.

📍 Visit us at: 2233 Lower Hunters Trace, Louisville, KY 40216
📲 Text or Call: 502-694-2441
🌐 Learn more: https://kypharmacy.net

Join us in celebrating Dr. Vy Truong and Kentucky Pharmacy—where every prescription is filled with care, love, and excellence.

#KentuckyPharmacy #VyTruongPharmD #AwardWinningLeadership #HealthcareExcellence #MostAdmiredWoman #FamilyBusinessAward #CommunityCare #PharmacyInnovation #LouisvilleKY

Categories
Beauty Industries Small Businesses Vietnamese

LUẬT SB22 SẮP KÝ BAN HÀNH: THAY ĐỔI LỚN CHO NGÀNH LÀM ĐẸP TẠI KENTUCKY

Ngành làm đẹp tại Kentucky sắp có thay đổi quan trọng khi Dự luật SB22 đang trên đường tới bàn thống đốc để ký ban hành thành luật. Luật này sẽ ảnh hưởng trực tiếp đến thợ nail, chuyên viên thẩm mỹ (esthetician), nhà tạo mẫu tóc, và các chủ salon. Nếu bạn đang làm trong ngành này, hãy cập nhật ngay để tránh vi phạm pháp luật và bảo vệ sự nghiệp của mình!

1. CẤM HOÀN TOÀN MMA TRONG MỌI DẠNG CHẤT LỎNG 🚫

SB22 quy định tuyệt đối cấm Methyl Methacrylate (MMA) trong bất kỳ sản phẩm dạng lỏng nào sử dụng trong ngành nail. Điều này có nghĩa là:

❌ Dù MMA nguyên chất hay trộn với hóa chất khác đều bị cấm.

❌ Bất kỳ tiệm nail hay thợ nail nào bị phát hiện dùng MMA sẽ vi phạm pháp luật.

❌ MMA có thể khiến móng yếu, gây dị ứng nặng, tổn thương da, và ảnh hưởng đến hô hấp.

✅ Chất thay thế an toàn: Ethyl Methacrylate (EMA) vẫn được phép sử dụng và là tiêu chuẩn trong ngành nail chuyên nghiệp.

🔹 Làm sao để tuân thủ luật?

✔ Kiểm tra thành phần sản phẩm trước khi sử dụng.

✔ Chỉ mua từ nhà cung cấp uy tín có cam kết sản phẩm không chứa MMA.

✔ Đào tạo thợ nail về cách sử dụng EMA đúng kỹ thuật để đảm bảo móng đẹp, bền và an toàn.

2. XIẾT CHẶT QUẢN LÝ NGƯỜI HÀNH NGHỀ VÀ TIỆM KHÔNG CÓ GIẤY PHÉP 🔍

SB22 cũng tăng cường các biện pháp xử phạt đối với tiệm và thợ làm đẹp không có giấy phép hợp lệ.

🚨 Cơ quan quản lý có thể:

✔ Kiểm tra và đóng cửa ngay lập tức các tiệm không có giấy phép.

✔ Xử phạt nặng những ai hành nghề trái phép.

✔ Đình chỉ hoặc thu hồi giấy phép nếu vi phạm quy định vệ sinh và an toàn.

💡 Cách tránh bị phạt:

✔ Đảm bảo bạn có giấy phép hành nghề hợp lệ.

✔ Nếu là chủ tiệm, hãy kiểm tra toàn bộ nhân viên phải có giấy phép.

✔ Chỉ thuê nhân viên có chứng chỉ đào tạo từ trường hợp pháp, như Louisville Beauty Academy.

3. KHÔNG CÒN GIỚI HẠN SỐ LẦN THI LẠI GIẤY PHÉP 📖

Tin vui cho những ai đang thi lấy bằng hành nghề:

✅ Bạn có thể thi lại không giới hạn số lần nếu chưa đậu.

✅ Thợ nail phải chờ 1 tháng trước khi thi lại nếu rớt.

✅ Các kỳ thi có thể dùng bài kiểm tra quốc gia nếu được cấp phép.

💡 Chuẩn bị kỹ trước khi thi để đậu ngay lần đầu:

✔ Luyện thi tại Louisville Beauty Academy với giáo trình chuẩn và giảng viên giàu kinh nghiệm.

✔ Học đầy đủ kỹ thuật nail, tóc, thẩm mỹ theo đúng tiêu chuẩn bang Kentucky.

4. QUY ĐỊNH MỚI VỀ VỆ SINH & AN TOÀN 🧼

📢 SB22 siết chặt các tiêu chuẩn vệ sinh trong tiệm làm đẹp để bảo vệ khách hàng và nhân viên:

✔ Bắt buộc dùng khăn sạch hoặc giấy lót mới cho mỗi khách.

✔ Dụng cụ như kéo, nhíp, dao cạo phải khử trùng trước khi sử dụng.

✔ Không được dùng lại khăn lau trên nhiều khách hàng nếu chưa giặt sạch.

✔ Dụng cụ bào gót chân (callus graters) vẫn được phép, nhưng phải dùng đúng cách và đảm bảo vệ sinh.

💡 Cách tuân thủ:

✔ Luôn làm sạch và khử trùng dụng cụ sau mỗi lần sử dụng.

✔ Học kỹ thuật vệ sinh chuẩn tại trường đào tạo uy tín.

✔ Nếu là chủ tiệm, hãy đảm bảo toàn bộ nhân viên tuân thủ quy định này.

5. CHUYÊN VIÊN THẨM MỸ (ESTHETICIAN) KHÔNG ĐƯỢC LÀM CÁC DỊCH VỤ SAU ⚠️

🔹 SB22 giới hạn nghiêm ngặt phạm vi làm việc của chuyên viên thẩm mỹ (esthetician). Nếu không có bác sĩ giám sát, esthetician KHÔNG ĐƯỢC thực hiện các dịch vụ sau:

🚫 Tiêm Botox hoặc chất làm đầy (collagen injections).

🚫 Trị liệu laser (loại bỏ lông, trị sẹo, làm sáng da, v.v.).

🚫 Tẩy lông bằng điện (electrolysis).

🚫 Xăm thẩm mỹ & phun môi, điêu khắc chân mày (microblading, tattooing).

🚫 Xỏ khuyên (piercing).

💡 Nếu bạn là esthetician:

✔ Chỉ làm các dịch vụ hợp pháp như chăm sóc da, facial, waxing.

✔ Không nhận khách làm botox, laser, hay xăm nếu không có bác sĩ giám sát.

✔ Nâng cao kỹ năng với các khóa học thẩm mỹ hợp pháp tại Louisville Beauty Academy.

HÀNH ĐỘNG NGAY ĐỂ TRÁNH VI PHẠM! 📢

Ngành làm đẹp tại Kentucky đang bước vào giai đoạn thay đổi lớn. Hãy chuẩn bị ngay để không vi phạm luật!

📞 Gọi ngay: 502-625-5531

📧 Email: [email protected]

📍 Louisville Beauty Academy – Đào tạo chuẩn, đảm bảo hợp pháp!

🔗 Xem toàn bộ luật SB22 tại đây:

Kentucky Legislature – SB22 Bill Document

#SB22 #NgànhLàmĐẹp #TiệmNail #ThợNail #ThẩmMỹ #LuậtMới

Categories
Books Real Estate Self-Improve Small Businesses Vietnamese

From the Book “Little CFO: What is Finance and What is Investing” – Letter To My sons

Dear Jayden, Skylar, and Dylan,

Every time you come to me, asking about work, about making money, or about how you can help Mom and Dad, my heart overflows with pride. It’s beyond beautiful to see you voluntarily hand me the money you’ve saved, offering to pay for groceries or the toys you’ve bought yourselves. Sons, your generosity and thoughtfulness are gifts to me and your mom that go far beyond words. I am incredibly proud of the young men you’re becoming.

But pride isn’t the only thing I feel. What I look forward to, what I dream of for you, is something far greater. I want you to understand what money really is and, even more importantly, what it isn’t. I want you to understand the values behind money, the purpose of trading value, and the immense power of creating and investing in value. There is a difference between making money and creating wealth—and this book is my way of explaining that difference to you and to all children like you who dream of contributing and helping their families, of being more, doing more, and adding more to this world.

Let me take you back to where it all began for your mom and me. Sons, your dad was born in a small mud hut in Phương Lâm, Đồng Nai, Vietnam. Our family was poor, so poor that we measured success by whether we had enough rice to eat for the day. Yet, even in that mud hut, surrounded by the struggles of survival, I witnessed something remarkable. Your grandparents—my parents—found ways to rise above poverty. Your grandmother, whom you know as a loving and wise woman, became one of the top wholesalers of fertilizer in the area. She wasn’t just a trader; she was known for her fairness, her hard work, and her ability to build relationships in the Phương Lâm market. She didn’t have much money at first, but she understood value: how to create it, how to trade it, and how to scale it. This understanding changed everything.

When we came to the United States, we left all of that behind. We arrived with just $400 in our pockets, seven people squeezed into a tiny 500-square-foot apartment at Americana Apartments. We started over. Your mom and I worked tirelessly, your grandparents did everything they could, and slowly, step by step, we built a new life. From that tiny apartment, we moved on to owning homes, businesses, and degrees. We climbed corporate ladders, started small businesses, and even entered the world of politics and community service. Today, your mom is running a business in healthcare, helping people at Kentucky Pharmacy, while I work to build businesses, write books, and create opportunities for others.

Do you know what made all of this possible? It wasn’t just money. Money is simply a tool, a currency that moves value from one person to another. What made it all possible was understanding value itself. Sons, this is what I want you to learn. Money is not the goal. Money is like the blood in your body—it’s necessary for life, but it’s not the purpose of life. The goal has always been to create value, to trade value, and to multiply value in ways that serve others and make the world a better place. The more you understand how to create and trade value, and the more you can do this at scale, the wealthier you will become—not just financially but in every aspect of your life.

I see something in you, sons, that many adults haven’t yet discovered. When you say, “I want to work,” “I want to make money to help,” “I want to contribute,” or “I want to add value,” you’re expressing one of the most valuable traits anyone can have: the desire to create and serve. This initiative, this self-drive, is more precious than gold. It’s not about how old you are; it’s about the habits you build, the mentality you develop, and the actions you take. You already have this gift, sons. And this book is my way of nurturing that gift in you and in all children who share your curiosity and determination.

I don’t just want you to read this book. I want this book to be the foundation, the starting point, for a lifetime of learning and growth. I’ve written it in a way that’s simple enough for you to understand now, but deep enough that you can revisit it as you grow older and discover new layers of meaning. My hope is that it will give you the knowledge and tools to become leaders—leaders of yourselves, of your families, and of your communities.

So let’s talk about the mindset I want you to carry with you: the mindset of value creation, value trading, and value investment. It sounds complicated, but it’s not. Let me break it down for you.

  • Value Creation is about using your skills, knowledge, and time to make something that helps others. For example, when you help Mom by cleaning up the house, you’re creating value because you’re making our home a better place to live. When I write books or start businesses, I’m creating value by sharing ideas or providing jobs.
  • Value Trading is when you exchange something of value for something else. This is where money often comes in. For example, if you save up your allowance and buy a toy, you’re trading the money you earned for something you want. But trading isn’t just about money. When you help a friend with homework, you’re trading your time and knowledge for the satisfaction of helping someone.
  • Value Investing is about putting your resources into something that will grow over time. This could mean saving your money in a piggy bank, or it could mean spending time learning a new skill that will make you even more valuable in the future.

Sons, the more you understand these three concepts and practice them, the more successful you will be. And by success, I don’t just mean money. I mean living a life filled with purpose, contribution, and fulfillment.

Let me share something important about where your mom and I came from. In Vietnam, life was about survival. Every meal, every roof over our heads, every opportunity to go to school—we had to fight for these things. When we came to America, we realized that this country offers something extraordinary: the chance to dream bigger. But dreams don’t just happen. They require hard work, learning, and a commitment to creating and sharing value with others. That’s what I want for you. I want you to dream big, work hard, and build something meaningful—not just for yourselves but for the people around you.

Sons, you’ve already shown me that you have what it takes. Every time you hand me your savings, not because I ask for it but because you want to contribute, you’re showing me that you understand something many adults struggle with. You understand that money is not about hoarding or spending selfishly; it’s about helping, sharing, and building something greater than yourself. This mindset is your greatest asset, and it’s something I want to nurture in you.

This book is not just for you. It’s for all the children out there who look at their parents and say, “I want to help.” It’s for all the kids who are curious about how money works, who want to make a difference in their families, their communities, and the world. And it’s for the parents and teachers who want to guide these children but don’t always know where to start.

In this book, we’ll talk about what money is and isn’t, how to earn it, save it, and spend it wisely. We’ll explore the difference between trading value and creating value, and we’ll learn about investing—not just in money but in yourself and the people around you. I’ll share lessons from our family’s journey, from the mud hut in Phương Lâm to the life we’ve built in America, and I’ll show you how these lessons can apply to your life, no matter where you are or where you want to go.

Sons, my greatest hope for you is not that you become rich, though I believe you will be if you follow these principles. My hope is that you become people of value. People who create, who contribute, who lead with kindness and wisdom. People who understand that money is just a tool, but value—the ability to help others and make the world better—is the true measure of wealth.

Jayden, Skylar, Dylan—this book is my gift to you. It’s my way of passing on everything I’ve learned so far and everything I hope you will build upon. Read it, question it, and use it as a foundation to grow. And remember, your mom and I are always here to support you every step of the way.

With all my love and pride,
Dad

Categories
Books Drop the FEAR and Focus on the FAITH Drop the ME and focus on the OTHERS Early Childhood Education Guiding Lights: A Journey of Courage, Compassion and Faith Health Immigration Information Technology Leadership Development Self-Improve Small Businesses Vietnamese Workforce Development

A Heartfelt Letter to My Sons: Jayden, Skylar, Dylan – From the Book Be a DICK, Son: Nail Down Responsibility, Fail Forward, and Protect What Matters by Di Tran

INTRODUCTION: A Letter to My Sons: Jayden, Skylar, and Dylan

My dear sons,

As I sit down to write this letter, I am overwhelmed with gratitude for the blessing of being your father. Jayden, you are 10. Skylar, you are 9. Dylan, you are 7. You are still young, but I already see glimpses of the strong, purposeful men you will become. This letter is not just for the three of you, but for all sons, young and old, who are navigating their journey to manhood.

You are growing up in a time of extraordinary convenience, where technology brings the world to your fingertips. With a click, you can connect to your family, learn about the world, and have your needs delivered almost instantly. Yet, I want you to remember this: being a man is not about convenience. It is about character. It is about responsibility. It is about stepping into your purpose and living with strength, integrity, and kindness.

Email DiTranLLC@gmail.com for the Vietnamese translated PDF copy of this book

Be Present, Be Strong

The world you are growing up in moves at an incredible pace. Everyone is chasing something—scrolling through screens, rushing through moments, searching for what’s next. But, my sons, to be a man is to stand firm and be grounded in who you are. True strength lies in knowing how to stay still within yourself, even when the world pulls you in a thousand directions.

No matter what life throws at you, rise to the occasion. Tell yourself: “I am stronger than this.”

Every morning and every night, we pray together:
“Thank you, God, for I am alive, I am strong, I am confident, I am a winner. I give 100% in all situations, in all conditions, in all environments, and in everything I do. I commit to adding value to myself, to others, and to the world.”

This prayer is more than words—it is a declaration of who we are. Remember, sons, your only competition is yourself from yesterday. Compare yourself to who you were, not to others. Strive to grow stronger, wiser, and more compassionate every day.


Actions Over Words

Let me share one of life’s most important lessons: It is always about actions, not opinions. It is always about creation, not description. Talking about what you will do means nothing unless you take steps to make it happen.

Invest in yourself—your mind, your body, and your soul. When you do this, you become an asset to your family, your community, and the world. Only when you have strengthened yourself can you truly add value to others.

Your mother and I work tirelessly every day—not because we must, but because we love to create, build, and grow. We start new businesses, solve problems, and interact with countless people daily. But it’s not just about work. It’s about purpose. And you, too, must live with purpose.

At your age, your “business” is your homework, your chores, your relationships, and your personal growth. Every time you make your bed, wash your dishes, help someone, or learn something new, you are laying the foundation for the man you will become. Every action matters, no matter how small.


Rise Through Responsibility

To “man up” does not mean pretending to be tough or invulnerable. It means taking ownership of your responsibilities. When life hands you challenges, don’t avoid them. Face them and say: “Let’s get to work.” Start small. Tackle one thing at a time. The best way to rise is to begin.

Every small act of responsibility—whether it’s doing your chores, showing gratitude, or saying “I’ll handle it”—builds a stronger version of yourself. And remember, sons, you are not competing with anyone else. You are only competing with who you were yesterday.


Love Imperfection and Fail Fast

Sons, imperfection is a gift. Failure is not something to fear—it is something to embrace. Your mother and I have failed more times than we can count. But each failure brought us closer to success.

Fail fast, and fail forward. Each failure teaches you something new. Each stumble is a step toward growth. The only true failure is to stop trying.


Be Grateful and Give Your All

Gratitude is one of the most powerful forces in the world. Every morning when you wake up and every night before you sleep, look up and say: “Thank you, God.” Thank Him for the day, for your family, for your health, and for the chance to give your all.

When you live with gratitude, you approach every moment, task, and challenge with your best attitude. And that is all anyone can ask of you: to give your all, every single time.


Protect What Matters

As men, we take risks. We step into the unknown. But in doing so, we must also protect what matters most—our core.

Your core is your spirit, health, and purpose:

  • Your spirit is your connection to God, your faith, and your values. Protect it by surrounding yourself with positivity and rejecting negativity.
  • Your health is your body and mind. Treat them with respect. Eat well, stay active, and keep your thoughts focused.
  • Your purpose is your “why.” It is the reason you wake up every day. Protect it fiercely and let it guide your decisions.

Take risks for the right reasons, but never compromise your core.


Simply Be

Being a man is not about doing more. It’s about being. Be present. Be strong. Be grateful. Be grounded in your purpose and values. In your hardest moments, when the world feels like it’s falling apart, your presence and positivity will be the greatest gift you can offer.


Our Prayer and Promise

Sons, as we pray together, we ask God to guide us, to strengthen us, and to remind us of who we are:
“Thank you, God, for I am alive, I am strong, I am confident, I am a winner. I give 100% in all situations, in all conditions, in all environments, and in everything I do.”

This prayer is not just words. It is our promise. To live fully. To work hard. To love deeply. To rise every day and strive to be better than the day before.


Rise, Sons

Jayden, Skylar, Dylan—rise to every occasion. Rise above every challenge. Rise to become the men God created you to be. Accept imperfection. Embrace failure. Keep moving forward. Be strong, but be kind. Be courageous, but be humble. Be everything you already are—and more.

You are my sons, and I am endlessly proud of you—not for what you’ve done, but for who you are and who you are becoming. You don’t need to compare yourself to anyone else. You are enough. You are loved. You are capable of greatness.

Rise. Act. Thank God for every moment. And always protect your core.

With love beyond words,
Your Dad,
Di Tran

Categories
Community Corporation Leadership Development Small Businesses

Dr. Ty Handy and Di Tran: Elevating Underserved Communities Through Education and Opportunity

Jefferson Community and Technical College (JCTC) continues to shine as a beacon of opportunity and empowerment in Louisville, particularly for underserved populations, including immigrants, refugees, and other underrepresented groups. Under the leadership of Dr. Ty Handy, JCTC has positioned itself as a transformative force in education, workforce development, and community revitalization.

Recently, Dr. Handy announced the Jefferson Rising initiative, a $90+ million downtown campus project designed to modernize the college’s facilities and enhance its ability to serve diverse populations. This project is more than a physical upgrade—it reflects a deep commitment to supporting students from all walks of life, including single parents, first-generation college students, adult learners, and individuals reentering education after years in the workforce.

Dr. Handy highlighted a unique aspect of JCTC’s student population: many are immigrants and refugees who speak over 80 different languages. These students often spend the entire day on campus, dropped off by their families in the morning and picked up at night. The new campus is thoughtfully designed to accommodate their needs, providing accessible resources and a welcoming environment that fosters success.

Di Tran, the President of Louisville Beauty Academy and Founder of Di Tran University, has long been a supporter of JCTC’s mission. As an immigrant himself, Tran has experienced firsthand the challenges and opportunities that come with building a life in a new country. He credits institutions like JCTC for helping individuals like him and his family find pathways to education and economic stability.

Tran has expressed deep appreciation for JCTC’s role in uplifting Louisville’s underserved populations. “JCTC is more than a college—it is a lifeline for so many in our community,” Tran has said. He points to the remarkable academic achievements of immigrant and refugee students, who often outperform their native-born peers, as evidence of their resilience and determination.

The Jefferson Rising project represents a bold vision for the future. It will include state-of-the-art science labs, outdoor recreation spaces, and community-oriented amenities like retail areas. Beyond its educational mission, the project aims to beautify downtown Louisville and contribute to its revitalization, making it a hub of innovation and inclusivity.

Both Dr. Handy and Tran share a commitment to empowering underserved communities through education. JCTC’s efforts complement Tran’s work at Louisville Beauty Academy, where he provides opportunities for immigrants and other underrepresented groups to gain skills and build meaningful careers.

The collaboration between leaders like Handy and Tran underscores the importance of investing in education as a tool for social and economic progress. Through programs that serve immigrants, refugees, single parents, and adult learners, JCTC is creating a legacy of inclusion that will benefit Louisville for generations to come.

As Louisville continues to grow, institutions like JCTC and leaders like Dr. Ty Handy and Di Tran exemplify how education can transform lives and communities. Their shared vision ensures that no one is left behind and that Louisville remains a city of opportunity for all.

Categories
Information Technology Leadership Development Small Businesses Workforce Development

Louisville, KY: Di Tran and Kentucky State Secretary of Economic Development Jeff Noel Kick Off a Beautiful Start to 2025

Today, Louisville took center stage at the Venture Connectors Luncheon, hosted by Amplify and led by the remarkable Larry Berger. Among the esteemed attendees were entrepreneur and community leader Di Tran and Secretary Jeff Noel, marking a perfect way to begin 2025. This meeting highlighted the shared vision of elevating Louisville and the Commonwealth of Kentucky, emphasizing collaboration, innovation, and the boundless opportunities that lie ahead.

The theme of the event, “Louisville is Beautiful, and Kentucky is Full of Opportunity,” resonated deeply with every participant. It set the tone for a year focused on unity and growth. As Di Tran passionately stated, “We might think differently, but if we act in ways that divide us or detract from our shared growth, we’re not serving our community or ourselves. Together, we win.”

A Vision for Kentucky

Secretary Jeff Noel’s leadership was front and center, inspiring the audience with his insights on Kentucky’s vast potential. His work with programs like the Kentucky Product Development Initiative (KPDI) and SBIR/STTR Matching Funds showcased how innovation, economic development, and community empowerment can drive the state forward. These grants and initiatives represent a significant opportunity to lift Louisville and Kentucky to new heights.

Di Tran, a refugee turned entrepreneur and leader, shared his personal journey and commitment to fostering growth in Louisville’s immigrant and refugee communities. For Tran, Louisville is not just a city but a home built on love, resilience, and boundless opportunity. “The USA is the greatest country on earth, and Louisville, KY, is a beautiful home. We can all lift our community in our own way, and together we will win.”

Uniting for a Common Purpose

The event also celebrated the visionary leadership of Governor Andy Beshear and Mayor Craig Greenberg, who have consistently championed unity and economic development in Kentucky. The message was clear: Kentucky and Louisville are stronger when we come together, leveraging diverse perspectives and collaborating to secure grants and federal support for local initiatives.

For Di Tran, this moment was not just about financial growth—it was about fostering a sense of shared purpose. His work in building businesses and providing opportunities for others underscores the importance of adding value to every life touched.

Starting 2025 Strong

The luncheon, held at the Kentucky Science Center, a hub of innovation and inspiration, was the perfect venue to set the tone for the year. The gathering of leaders, entrepreneurs, and community builders reaffirmed a collective commitment to making Louisville and Kentucky stronger, more innovative, and more unified than ever before.

The synergy between Secretary Jeff Noel, Di Tran, and other leaders in attendance reflects the essence of Kentucky’s mission: to create a thriving future where everyone plays a role in elevating the community. As Di Tran emphasized, “If it’s not about lifting Kentucky and Louisville, we’re doing it wrong.”

Here’s to 2025—a year of love, collaboration, and growth. Together, we will make Louisville and Kentucky shine brighter than ever.

Categories
Community Corporation Real Estate Small Businesses Vietnamese Workforce Development

Elevating Lives Through Affordable Housing: Tran Family Properties’ Mission to Empower Communities

Tran Family Properties, LLC of Di Tran Enterprise and New American Business Association Inc (501c3) is more than a real estate development company—it’s a movement dedicated to elevating lives, fostering inclusivity, and creating sustainable communities. At the heart of its mission is a commitment to affordable housing that goes beyond simply providing homes. Tran Family Properties empowers renters by addressing real financial barriers while ensuring quality living spaces that inspire dignity and hope.

What is Affordable Housing?

Affordable housing is defined by law as housing that costs no more than 30% of a household’s gross income, including utilities. This ensures that families have enough financial flexibility to cover other essential expenses like food, healthcare, and transportation. Affordable housing relies on subsidies, tax credits, and policies to bridge the gap between market rates and what low- to moderate-income households can afford.

What is AMI (Area Median Income)?

AMI, or Area Median Income, is a metric used to determine household income levels in a specific geographic area. It is calculated annually by the U.S. Department of Housing and Urban Development (HUD). Households are categorized by income relative to AMI:

  • Extremely Low Income: At or below 30% of AMI.
  • Low Income: At or below 50% of AMI.
  • Moderate Income: At or below 80% of AMI.

For example, in Louisville, KY, the AMI for a family of four is $67,500 (2024). Programs like Section 8 Housing Choice Vouchers use these categories to determine eligibility and subsidy levels.


Affordable Housing: Equal Homes, Financial Support

Affordable housing isn’t about offering lower-quality homes; it’s about making housing accessible through subsidies and thoughtful financial planning. The homes are the same in quality and design, but subsidies—like Section 8 vouchers—bridge the financial gap, ensuring tenants can thrive without being overburdened by housing costs.

Tran Family Properties integrates affordability into its housing approach by aligning with AMI levels to ensure accessibility for families at various income brackets.


Understanding Rent Structure and Subsidies

AMI LevelAnnual Income Limit (Family of 4)Monthly Rent (including utilities)Tenant Pays (with Section 8)Section 8 Pays (estimated 70%)
30% AMI$20,250$506.25$152$354
50% AMI$33,750$843.75$253$590
80% AMI$54,000$1,350$405$945

This structure ensures that tenants pay an affordable portion of their income toward rent while federal subsidies, like Section 8 vouchers, cover the remainder. Section 8 vouchers make a critical difference for families by addressing affordability without compromising quality.


Elevating Tenants Beyond Housing

Tran Family Properties doesn’t stop at providing affordable housing. Its mission extends to empowering tenants with resources and support services that help them thrive, including:

  • Financial Literacy Programs: Helping tenants manage their budgets and build credit.
  • Job Training and Placement: Partnering with workforce development organizations to provide career support.
  • Community Engagement Initiatives: Creating a sense of pride and belonging among residents.

Tran Family Properties believes in fostering not just stability but also opportunity for everyone it serves.


The Importance of Collaboration

Tran Family Properties is dedicated to working with government agencies, nonprofits, and community leaders to address the growing need for affordable housing. This collaborative approach ensures that projects are tailored to meet real community needs while promoting long-term economic and social stability.

Affordable housing is about more than just a roof over one’s head—it’s about creating opportunities, stability, and hope for a better future. Tran Family Properties embodies this ethos, transforming lives and proving that when we elevate others, we all rise together.


How to Apply for Section 8 Assistance

If you or someone you know falls within the income categories listed above (30%, 50%, or 80% AMI), you may qualify for Section 8 Housing Choice Vouchers. These vouchers provide vital support to help make housing more affordable, covering up to 70% of the rent in most cases.

Why Apply?

Section 8 vouchers allow families, seniors, and individuals to live in safe, high-quality homes while paying an affordable portion of their income toward rent. With the support of these subsidies, you can secure housing stability and focus on building a brighter future for yourself and your family.

How to Apply

To apply for Section 8 in Louisville, KY, follow these steps:

  1. Visit the Louisville Metro Housing Authority (LMHA) website to check eligibility and availability.
  2. Submit an application online or in person when the waiting list is open.
  3. Provide all required documentation, such as proof of income, family size, and identification.

Apply Here: Louisville Metro Housing Authority – Section 8 Program Application


Note: The Section 8 waiting list in Louisville may be long due to high demand, so apply as soon as possible if you qualify. If you need assistance with the application process or determining eligibility, Tran Family Properties and its partners are here to help.

Together, let’s make affordable housing accessible to everyone who needs it. Don’t wait—take the first step toward secure, quality housing today!

Categories
Beauty Industries Community Corporation Leadership Development Real Estate Self-Improve Small Businesses Vietnamese

Louisville Business First’s 2024 Most Admired CEOs and Business Impact Awards: A Night of Inspiration and Gratitude

On Thursday, November 21, 2024, Louisville’s brightest business leaders gathered at the Galt House Hotel’s Archibald Cochran Room for a night of celebration at the 2024 Most Admired CEOs and Business Impact Awards, hosted by Louisville Business First. Among the honorees was Di Tran, CEO of Louisville Beauty Academy, whose journey and heartfelt gratitude speech captured the essence of the American Dream.

A Moment of Honor and Reflection

Di Tran, joined by his wife Vy Truong, his esteemed mentors including Ray Brundige, Clark Cox, Rick Dye, and his school director Crystal Beeler, expressed deep appreciation for the recognition. Sharing the spotlight with some of Louisville’s most influential leaders, Di Tran humbly thanked Louisville Business First for elevating businesses across the city, including his own series of small businesses that have made a significant economic impact.

Di Tran’s Speech: “Vietnamese Born, American Made”

In his acceptance speech, Di Tran reflected on his inspiring journey:

*”I am Vietnamese Born, American Made. It is all God, and the United States of America is the number one country on Earth. Louisville City and Kentucky State are the most beautiful places for me. I came here in 1995 with zero English, sponsored by Catholic Charities. My ESL teacher taught me the language—can you understand me now? Thanks to them, I stand before you today.

Being honored alongside the President of the University of Louisville is surreal because UofL made me a computer engineer with a bachelor’s and master’s degree. Sullivan University gave me PhD-level education. Each of you, one way or another, has had a hand in shaping me into who I am today. That’s why I call the United States number one—because of the love and opportunities it gives to people like me.”*

A Legacy of Impact

Di Tran didn’t stop there. He turned the spotlight to his business, Louisville Beauty Academy, which he credits as a significant force for workforce development in the city:

“With our school director, Crystal Beeler—whom I call the Most Admired School Director—we have lifted over 1,000 lives, transforming them into licensed beauty professionals. Many of these graduates now own salons worth more than half a million dollars, contributing between $20 million to $50 million in annual economic impact. And we are just getting started.”

A Grateful Heart

Di Tran closed his speech by thanking his mentors, his wife, and Louisville Business First for the honor of being among such great leaders. He emphasized his gratitude to the USA and God, the foundations of his success.

The event was not just a celebration of achievements but a testament to the resilience, determination, and community spirit that make Louisville and the United States a beacon of opportunity and progress.

Congratulations to All Honorees

Di Tran shares this prestigious recognition with an incredible group of leaders, including Melisa Adkins (UofL Health), Summer Auerbach (Rainbow Blossom Inc.), and many others who continue to inspire and elevate Louisville’s business community.

Here’s to another year of innovation, leadership, and impact in Louisville!


Louisville Beauty Academy continues its mission of transforming lives through beauty education. To learn more or enroll, visit www.LouisvilleBeautyAcademy.net or text 502-625-5531.

REFERENCES

https://www.bizjournals.com/louisville/c/get-to-know-our-2024-most-admired-ceos.html

https://www.bizjournals.com/louisville/c/get-to-know-our-2024-most-admired-ceos/30283/di-tran.html

https://www.bizjournals.com/louisville/news/2024/10/03/announcing-here-are-lbfs-most-admired-ceos-honoree.html

https://www.bizjournals.com/louisville/event/169496/2024/most-admired-ceosbusiness-impact-awards

Categories
Community Small Businesses Vietnamese Workforce Development

Empathy in Action: Di Tran’s Admiration for Whitney Austin and the Shared Burden of Change

In a world often marked by division, there are individuals who rise above, driven by empathy and resilience to make a difference. Di Tran and Whitney Austin are two of these individuals—though their paths have not formally crossed in collaboration, they share a profound understanding of the weight that comes with caring for those affected by hardship.

Whitney Austin’s journey is both inspiring and sobering. After surviving twelve gunshots in a mass shooting, Whitney could have chosen to quietly heal. Instead, she took on the monumental task of advocating for responsible gun ownership and safety through her nonprofit, WhitneyStrong. Her work to reduce gun violence comes with an emotional weight, as she stands alongside victims and families whose lives have been forever changed. Every day, she carries the voices and stories of those affected by gun violence, a responsibility that can be heavy yet fuels her mission.

Di Tran, a Vietnamese immigrant and serial business owner in Louisville, felt a connection to Whitney’s story the moment he heard it. Although they are not yet collaborators, he respects her deeply. His journey began in a mud hut in rural Vietnam, and despite humble beginnings, he has worked to build multiple businesses, including ventures in affordable housing, that provide essential services and job opportunities. Di empathizes not only with those affected by gun violence but also with the homeless and underserved, individuals whose hardships echo the poverty he once knew.

When Di met Whitney at a Rotary Club event in Louisville, he took the opportunity to thank her personally. He recognized the toll her work must take, not just as an advocate but as a survivor carrying the collective pain of those impacted by gun violence. Di’s own experiences with armed threats in his businesses have shown him the pervasive fear and loss that accompanies such incidents. Like Whitney, he understands that empathy for others can sometimes be a heavy burden, yet it’s one that both feel compelled to bear.

In their own ways, Di and Whitney each strive to lift up their communities—Whitney through her advocacy for safer neighborhoods, and Di through his mission to create affordable housing and employment opportunities. Both understand that change doesn’t come without sacrifice and that the responsibility of standing alongside the vulnerable can be weighty. Yet, they also share the belief that such empathy-driven work is essential for creating a better world.

Their meeting serves as a reminder of the strength found in shared empathy and the potential for leaders to inspire one another. Though they have yet to work together, Di Tran’s admiration for Whitney Austin is a testament to the power of resilience, empathy, and purpose. Together, they embody the Rotary Club’s spirit of service, reminding us all that true change begins when we dare to carry the weight of others’ struggles—and refuse to put it down.

Translate »