Kentucky

QAP Kentucky

Kentucky to Open NOFA for TEB with Gap Financing

The Kentucky Housing Corporation (KHC) will open a notice of funding availability (NOFA) for Tax-Exempt Bonds with Gap Financing on December 9.

QAP Kentucky

Kentucky Hosts Multifamily Developer Forum – Nov. 16

Kentucky Housing Corporation will host a virtual developer forum to solicit feedback for the development of the 2023-2024 QAP and scoring criteria.

QAP Kentucky

Comments on Kentucky’s HOME-ARP Public Hearing Nov. 5

Kentucky received an additional funding allocation through the American Rescue Plan Act (ARPA) to be administered through the HOME Investment Partnerships Program (HOME) to perform activities that must primarily benefit qualifying individuals and families who are homeless, at risk of homelessness or in other vulnerable populations. 

QAP Kentucky

Kentucky Carryover Applications Due Nov. 19

Kentucky Housing Corporation reminds owners of multifamily housing projects that received an allocation of 2021 LIHTC that the project must meet the carryover requirements in accordance with the 2021-2022 Multifamily Guidelines. Project owners must submit all LIHTC carryover documentation on or before November 19, through the Universal Funding Application system.

QAP Kentucky

Comments on the Development of Kentucky’s 2023-2024 QAP Due Sept. 9

Kentucky Housing Corporation (KHC) is soliciting feedback on current scoring criteria and incentives for the development of the 2023-2024 QAP, Multifamily Guidelines and scoring workbook.

QAP Kentucky

Applications for Kentucky’s Nine Percent LIHTC Due Aug. 19

The Universal Funding Application (UFA) for the 2022 nine percent LIHTC funding round is currently available with applications due by noon ET on August 19.

QAP Kentucky

Kentucky Staff Changes

Tracy Thurston will transition into the position of senior director of financial management at Kentucky Housing Corporation, effective June 23, 2021 in anticipation of Jim Statler’s eventual retirement.  

QAP Kentucky

Kentucky HOME, HTF Annual Rent Approval Due July 5

Multifamily HOME- and Housing Trust Fund-funded projects still in their affordability period are required to submit an annual HOME Rent Approval Form and NHTF Rent Approval Form.

QAP Kentucky

Kentucky Opens 2022 LIHTC Application

The Kentucky Housing Corporation (KHC) opened its Universal Funding Application on May 14 with applications due by August 19.

QAP Kentucky

Kentucky 2022 Multifamily Scoring Workbook Clarification

On tab four, New Supply, of the Kentucky Housing Corporation’s (KHC) scoring workbook for the 2022 competitive LIHTC, scoring item number two states that projects located within 0.5 miles for urban projects and three miles for rural projects of a KHC tax credit project that A) has been approved in the previous two years and is not yet placed in service (8609 has not been issued) as of the date shown on the list of projects and B) targets the same tenants as the applicant’s project will have five points deducted from their score.

QAP Kentucky

Kentucky Receives More Applications for PABs than Cap

As of April14, the Kentucky Housing Corporation (KHC) received more pre-application requests than its anticipated available private activity bond (PAB) cap.

QAP Kentucky

Kentucky Opens 2021 TEB, Four Percent LIHTC Round; Releases 2022 Multifamily Guidelines and Scoring Workbook

The Kentucky Housing Corporation (KHC) opened applications for 2021 Tax-Exempt Bonds (TEB) and four percent LIHTC projects on March 16. Due to limitations on the available private activity bond cap, KHC has revised the process to apply for and be allocated TEB cap. These changes are an effort to better align the reservation of TEB cap with the timing of bond issuances.

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