Kentucky

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Kentucky

AU Associates Hosts Ribbon Cutting Ceremony for Lexington Senior Affordable Housing Development

Holly Wiedemann, founder and president of AU Associates and NH&RA Board Chair, Mayor Linda Gorton and Council member Josh McCurn held a ribbon cutting ceremony on August 10 to officially open Lexington’s newest affordable housing development for seniors, Meadowthorpe Landing.

QAP Kentucky

Kentucky Opens 2021 Tax-Exempt Bond Application

Kentucky Housing Corporation (KHC) opened the Universal Funding Application (UFA) for multifamily developments utilizing Tax-Exempt Bonds (TEB) and four percent LIHTCs (no KHC gap funds) on August 3, 2020. This is an open window application with no specific submission deadline.

QAP Kentucky

Kentucky Posts 2021 LIHTC Q&A

Kentucky Housing Corporation (KHC) posted Questions and Answers (Q&A) regarding the upcoming 2021 Housing Credit competitive funding round. Applicants are encouraged to check back often for updates as new questions are received. If you have any questions, please email multifamily@kyhousing.org.

QAP Kentucky

Kentucky Now Accepting TBRA Applications

Kentucky Housing Corporation’s (KHC) Tenant-Based Rental Assistance (TBRA) began accepting applications for the Housing Choice Voucher (HCV) Program on June 1, 2020.

QAP Kentucky

Kentucky Opens 2021 Universal Funding Application, Predevelopment Loan Product

Kentucky Housing Corporation (KHC) opened the Universal Funding Application for the 2021 competitive Housing Credit funding round, with an application due date of noon ET, Thursday, August 20, 2020.

QAP Kentucky

Kentucky Extends Ten Percent, Placed-In-Service Deadlines

The Commonwealth of Kentucky received a Major Disaster Declaration on March 28, 2020 as a result of the COVID 19 pandemic. The Internal Revenue Service has indicated that the relief outlined in Revenue Procedure 2014-49 is available to jurisdictions with these declarations. This allows Kentucky Housing Corporation (KHC) to grant extensions to both the ten […]

QAP Kentucky

Kentucky Postpones 2021 Multifamily Non-Credit Funding Round

As a result of the ongoing COVID-19 pandemic and concern about available resources, Kentucky Housing Corporation (KHC) postponed its anticipated funding round for non-credit multifamily projects. If additional funding resources become available, KHC will re-evaluate the feasibility of opening a non-credit funding round later in the year.

QAP Kentucky

Comments on Kentucky’s Consolidated Plan, Annual Action Plan Due May 19

Kentucky Housing Corporation (KHC) amended the 2015-2019 Consolidated Plan and 2019 Annual Action Plan and is accepting comments through May 19. KHC recently received additional funding allocations through the CARES Act for CDBG, ESG and HOPWA, necessitating amendments to planning documents.

QAP Kentucky

Kentucky Revises 2021 Multifamily Scoring Workbook

The scoring workbook for Kentucky Housing Corporation’s 2021 Housing Credit funding round has been revised to update the list on Tab 9 of projects in the pipeline that have not yet placed in service. Any projects added to the list since the last update are highlighted in yellow. This is the final update; no further […]

QAP Kentucky

Kentucky Finalizes 2021-2022 QAP, Multifamily Guidelines

Kentucky Housing Corporation (KHC) received approval from Governor Andy Beshear for the 2021-2022 QAP. The Universal Funding Application (UFA) for the 2021 Housing Credit funding round will be available on Friday, May 15, 2020, with an application due date of 12:00 pm ET Thursday, August 20, 2020.

QAP Kentucky

Kentucky Consolidated Plan Virtual Hearing April 23

The Kentucky Housing Corporation (KHC) will hold a virtual public hearing at 11:00 am ET on April 23 to obtain information for the 2020 Consolidated Plan for Kentucky’s Block Grant Housing Programs.

QAP Kentucky

Kentucky’s Inspection & Monitoring Policy in Response to COVID-19

In response to concerns related to COVID-19, Kentucky Housing Corporation (KHC) is implementing the following policies for inspections and monitoring. KHC’s policy changes seek to minimize the spread of COVID-19 and to protect the health of tenants, homeowners, partners and KHC staff.

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