Kentucky

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

Kentucky Housing Corporation (KHC) has made revisions to the scoring criteria as shown in the final draft of the 2021-2022 QAP. KHC will accept written comments on the final draft until Friday, March 6, 2020, by email to rentalqap@kyhousing.org.

Kentucky Housing Corporation (KHC) has made a few minor revisions to its Minimum Design Standards for Multifamily Housing Units.

The Kentucky Housing Corporation (KHC) announced the following partners who received Housing Contract Administration (HCA) funding awards for Affordable Housing Trust Fund (AHTF) Home Repair Projects based on their recent application submissions: Community and Development Services – Christian County; HOMES Inc.; Housing Development Alliance Inc.; KCEOC Community Action Partnership Inc.; Lexington Habitat for Humanity; Midtown […]

Kentucky Housing Corporation (KHC) will hold a public hearing regarding the proposed 2021-2022 LIHTC QAP on Monday, February 17, 2020 from 1:30 to 2:30 pm ET at the Kentucky Public Service Commission (Raff Hearing Room, 211 Sower Boulevard, Frankfort, KY 40601).

The Kentucky Housing Corporation (KHC) will host the last in a series of developer forums to solicit feedback on scoring criteria and incentives for the development of the 2021-2022 QAP, Multifamily Guidelines and scoring workbook. The Multifamily Developer Forum will be from 1:30-3:30 pm ET on January 29, 2020, at the Frankfort Plant Board Community Room, 151 Flynn Ave., Frankfort, Kentucky 40601.

Effective immediately, all replacement reserve and operating reserve draw requests must be made within the Tenant Data Certification System (TDCS). Draw requests are located under the forms section of the project home page.

Kentucky Housing Corporation (KHC) released the Income Averaging Compliance Policy. This policy establishes guidance for KHC partners electing the new average income set aside. The policy is effective for all owners electing income averaging with a placed in-service date of Wednesday, January 1, 2019, or later per their completed 8609 forms. Please contact Phyllis Clem […]

Join KHC for a Multifamily Developer Forum on Monday, December 16, 2019, 1:30-3:30 p.m. ET, at the University of Louisville ShelbyHurst Campus, Burhans Hall Rooms 162/163, 440 N. Whittington Parkway, Louisville, Kentucky, 40222.

HUD User published a case study on the Riverport Family Scholar House, one part of a larger multi-generational housing development. Riverport provides affordable housing and a network of support services to single parents and foster care alumni who are pursuing post-secondary education in Louisville, KY. Residents receive access to free or heavily subsidized child care, […]

Woda Cooper Companies recently celebrated the Grand Opening of Towne Creek Crossing in Walton, KY. This is a new multifamily community offering 44 affordable rental townhomes for households earning up to 60 percent of area median income. Co-developed by Woda Cooper Companies, Inc. and Housing Services Alliance, Towne Creek Crossing is comprised of one-, two- and three-bedroom townhomes for families, singles or seniors.

The Kentucky Housing Corporation (KHC) will host a developer forum to solicit feedback on current scoring criteria and incentives for the development of the 2021-2022 Qualified Allocation Plan, Multifamily Guidelines and scoring workbook on November 19 from 1:00 – 3:00 pm ET. All multifamily developers, consultants, investors or other interested parties are invited to attend this forum.

Kentucky NOFA For Tax-Exempt Bonds with Gap Financing
Kentucky Housing Corporation (KHC) released the 2020 Notice of Funding Availability (NOFA) for Tax-Exempt Bonds with Gap Financing. A combined total of $5.7 million of HOME Investment Partnerships Program (HOME), Affordable Housing Trust Fund (AHTF), and National Housing Trust Fund (NHTF) funds is available.