The 2016 Competitive Application Guidelines for the HOME Investment Partnerships Program (HOME) and the Tenant-Based Rental Assistance (TBRA) Application Score Sheet are now available. Eligible project type is TBRA activities. The 2016 TBRA Allocation is $2 Million and the maximum request is $200,000, exclusive of administrative fees.
The 2016 Competitive Application Guidelines and TBRA Application Score Sheet are available on KHC’s website, under Development, Single-Family under HOME TBRA.
The following dates and times are applicable to the competitive funding round:
- Friday, March 25, 2016 – Capacity Scorecard Opens at 9 a.m. ET
- Friday, April 1, 2016 – Application Opens at 9 a.m. ET
- Friday, April 8, 2016 – Capacity Scorecard Closes at 5 p.m. ET
- Friday, April 15, 2016 – All Capacity Scorecard Notifications Due to Applicants
- Friday, April 29, 2016 – Application Closes at 5 p.m. ET
KHC will begin accepting HOME TBRA applications on the Universal Funding Application (UFA) on Friday, April 1, 2016. Applicants must meet minimum thresholds to submit an application.
Minimum Thresholds
- Project numbers beginning with TB14 with a Project Completion date of July 2016:
- 75 percent of funds must be expended no later than the application submission to KHC. All draw requests must be submitted and approved by KHC no later than the application submission deadline date of Friday, April 29, 2016.
- Project numbers beginning with TB14 with a Project Completion date of December 2016:
- 60 percent of funds must be expended no later than the application submission to KHC. All draw requests must be submitted and approved by KHC no later than the application submission deadline date of Friday, April 29, 2016.
- A minimum final Capacity Scorecard score of 60 percent.
Ineligible Applicants
- Applicants with unexpended TBRA funds from a project assigned TB13 or earlier are not eligible to apply to this round for TBRA funds.
- Applicants awarded in 2015 (project numbers beginning with TB15) are not eligible to apply to this round for TBRA funds.
Application Fee
There is a $100 non-refundable application fee for nonprofit organizations and units of local government and a $250 non-refundable application fee for for-profit applicants. Applicants are strongly encouraged to submit their application fee prior to submitting their application. KHC must receive the appropriate application fee no more than seven days after the application submission deadline date of Friday, April 29, 2016. If the fee is not received, the application will be rejected.
KHC must receive the appropriate application fee, via check or money order, to the following address:
Kentucky Housing Corporation
Housing Contract Administration
1231 Louisville Road
Frankfort, KY 40601
If you have any questions, please contact Terry Helton toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 273; TTY 711; or email thelton@kyhousing.org