KHC is making available a combined total of $19.2 million of KHC’s Equity Bridge Loan, HOME Investment Partnerships (HOME) Program, National Housing Trust Fund (NHTF), and Affordable Housing Trust Fund (AHTF) monies through a Notice of Funding Availability (NOFA).
In addition, the urban county governments of Louisville and Lexington have committed funds to be allocated via this NOFA. Louisville Metro has committed $1 million, combined in HOME funds and Louisville CARES equity bridge financing, for projects in Jefferson County, and Lexington-Fayette Urban County Government (LFUCG) has committed $1 million in funds, from HOME and/or its local Affordable Housing Fund, for projects in Fayette County.
NOFA responses must be submitted through the Universal Funding Application. Applicants should select the “2016 TEB NOFA.”
Also, the 2016 NOFA Underwriting Model and Portfolio Summary are available under the Application Attachments dropdown.
NOFA responses are due by Thursday, September 15, 2016; however, KHC reserves the right to extend this deadline to Friday, September 30, 2016, if KHC deems necessary in its sole discretion.
