Kentucky Housing Corporation (KHC) recently received revised HOME Investment Partnerships Program (HOME) and National Housing Trust Fund (NHTF) Maximum Per-Unit Subsidy Limits from the U.S. Department of Housing and Urban Development (HUD) Louisville Field Office, which are applicable to all multifamily projects funded with KHC HOME or NHTF resources.
In addition, KHC has updated the cost containment limits for multifamily projects, which are based on the HUD 234 condominium housing limits in effect for the current year.
The revised HOME and NHTF Maximum Per-Unit Subsidy Limits and cost containment limits are now available on KHC’s website, under Development, Multifamily, Underwriting Resources. The revised limits supersede all previous versions.
If you have any questions, please contact Michele Huybers toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 331; TTY 711; or email mhuybers@kyhousing.org.