The Kentucky Housing Corporation (KHC) will open a notice of funding availability (NOFA) for Tax-Exempt Bonds with Gap Financing on December 9. Through this NOFA, KHC is making available a combined total of approximately $10 million of HOME Investment Partnerships Program (HOME), Affordable Housing Trust Fund (AHTF), and National Housing Trust Fund (NHTF) funds to be used in conjunction with Tax-Exempt Bonds and four percent credits.
NOFA responses are due by Feb. 3, 2022; however, KHC reserves the right to extend this deadline, if necessary. The Development Team Capacity application for the NOFA response is open now and all capacity applications are due by Dec. 22, 2021. Any pre-application waiver requests must be submitted no later than Jan. 27, 2021.