Kentucky Housing Corporation has updated its multifamily underwriting model for 2012.  The new model is now available on KHC’s Web site, under Housing Production; Multifamily Finance; Applications, Guidelines, and Underwriting Models.  Previously, there were three separate models depending on the KHC funding sources requested.  Now, one consolidated model for all projects, both Low Income Housing Tax Credit (Housing Credit) and non-Housing Credit, is used.  This model must be completed and submitted in Excel for the 2012 application round.  If you are resubmitting an application from a previous funding round, you must transfer the information to the new 2012 model.

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