Comming from science, I see these situations often.
Old professors and great experimentalists before they go to retirement usualy pass on their experimentall setups to their younger collegues. Or if there was no one to pass it to, it just goes to a junkyard as a scrap metal. We're talking about a few milions of tax payer euros worth of equipement, somewhat outdated systems and electronics and someone's life work he put 30-40 years into. I was lucky enough to work with such great pieces of art basicaly and it's a priviledge, I'm very grateful.
Sometimes, young people take it and put it asside to collect dust. You know, these are not magic 1 button machines that you turn on add not touch anymore. They require very specialy skilled people, who are not afraid to dig in deep, operate it, maintain, upgrade and improve it over years to come.
Back to LFS, as a software engeneering project it's quite elaborate and huge. Even if we could just get the source code, it doesn't mean we as a community could do anything with it. There should be at some point younger people slowly let into the picture, to learn about functions, methods, routines, classes, building blocks of LFS. Otherwise, once devs can't maintain it anymore the progress will most likely stop. One thing come to my mind is some kind of dev video log tutorials, but I guess it's still too early for that.