Kentucky Housing Corporation (KHC) released the 2020 Notice of Funding Availability (NOFA) for Tax-Exempt Bonds with Gap Financing. A combined total of $5.7 million of HOME Investment Partnerships Program (HOME), Affordable Housing Trust Fund (AHTF) and National Housing Trust Fund (NHTF) funds is available.
The urban county governments of Louisville and Lexington have also committed funds to be allocated via this NOFA. Louisville Metro Government (Louisville Metro) has committed $500,000 in HOME funds for projects located in Jefferson County. Lexington-Fayette Urban County Government (LFUCG) has committed $1.5 million in funds from HOME and/or its local Affordable Housing Fund for projects in Fayette County.
Responses are due by December 20, 2019; however, KHC reserves the right to extend this deadline, if necessary. Development Team Capacity applications for the NOFA response are due by November 20, 2019.
If you have any questions, please contact Tracy Thurston 502-564-7630, extension 218 or tthurston@kyhousing.org.
