Kentucky Housing Corporation (KHC) is pleased to announce the awards for funding for the 2014 application round competing for 2015 program resources. KHC received 40 applications requesting $20 million in Low Income Housing Tax Credits (Housing Credits), and was able to fund 19 projects with $9,174,414 of 2015 Housing Credits in conjunction with other KHC resources, including funds from the HOME Investment Partnerships Program (HOME) and Affordable Housing Trust Fund (AHTF) totaling $1,837,682.
Also, KHC received ten applications requesting over $1.4 million in non-credit resources and was able to fund two projects with $1,043,307 of KHC’s resources.
This funding round supports the creation or preservation of 839 units of affordable rental housing in 16 counties in Kentucky. A listing of the funding awards is available on KHC’s website, under Development, Multifamily.
Applicants are encouraged to contact their assigned program specialist identified in the award notification for additional information regarding their project. KHC values our partnerships and appreciates all of the applicants’ commitment to providing affordable housing in Kentucky.
If you have any questions, please contact Andrew Hawes toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 326; TTY 711; or email ahawes@kyhousing.org.
