KY Housing Issues Reminder On Application Deadlines

The deadline for applications for the 2019 multifamily competitive 9 Percent Housing Credit funding round is noon ET, on Thursday, September 20, 2018.

Applications for the 2019 multifamily Tax-Exempt Bond Notice of Funding Availability (NOFA) are due by Thursday, September 27, 2018; however, Kentucky Housing Corporation (KHC) reserves the right to extend this deadline, if necessary.

All development team members must have received a capacity approval letter from Kentucky Housing Corporation (KHC), to be eligible to apply in either funding round. KHC will only consider applications from development teams that met the capacity application requirements.

The NOFA is available on KHC’s website, under Development; Multifamily; Applications, Guidelines, and Scoring, within the Application and Scoring dropdown. All applications for either the 9 Percent Housing Credit funding round or the Tax-Exempt Bond NOFA must be submitted through the Universal Funding Application. Applicants should select either the “2019 Housing Credit Application” or the “2019 Tax-Exempt Bond NOFA Application,” as applicable.

The underwriting models and portfolio summary for Tax-Exempt Bond projects are also available on KHC’s website, under Development; Multifamily; Underwriting Resources.

If you have any questions, please contact Tracy Thurston toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 218; TTY 711; or email tthurston@kyhousing.org.