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The 2015 Kentucky Affordable Housing Conference will take place Wednesday and Thursday, April 8 and 9, at the Hyatt Regency and Lexington Convention Center. Register today!

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Multifamily Finance Funding Announcements 

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.

Multifamily Bonus Sessions 

During the 2015 Kentucky Affordable Housing Conference, KHC will host two open forum bonus sessions for Kentucky affordable multifamily housing developers. 

 

The first session will take place on Wednesday, April 8, from 7-8:15 a.m. EST, prior to the conference opening plenary session. Colleen Fisher, executive director of the National Council for Affordable and Rural Housing, will lead a discussion forming a Kentucky Affordable Housing Developers Association and the benefits of having a collective voice in advocating for affordable housing needs in Kentucky. 

 

The second session will take place on Thursday, April 9, from  3:15-4:30 p.m. EST, immediately following the conference. Sujyot Patel and Lewis Diaz, with Dinsmore & Shohl LLP, will be providing training on Tax Exempt Bond (TEB) financing strategies. Attendees will gain valuable insight in structuring viable TEB projects. KHC previously promoted the use of TEB over the years and recently began allocating gap funding to support the use of TEB's to address the increasing need for the preservation of existing affordable housing.

 

The forums will be held in the Jessamine/Franklin meeting room in the Hyatt Regency hotel adjoining the Lexington Convention Center. All multifamily developers, consultants, investors, or other interested parties are invited to attend.

 

To register fro these bonus sessions, 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.

Press Play!

Do you know all the benefits to the 2015 Kentucky Affordable Housing Conference? Learn about speakers, networking, and more, in the promotional video available on KHC's YouTube Channel. And don't forget to register today

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Kentucky Housing Corporation prohibits discrimination on the basis of race; color; religion; sex; national origin; sexual orientation or gender identity; ancestry; age; disability; or marital, familial, or veteran status. 

 

To change your eGram preferences or sign up for an eGram list, please visit KHC's website and click on the eGram icon under Quick Links. 

 

If you have subscription problems, please contact KHC's Nicole Morris toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 459; TTY 711; or email nmorris@kyhousing.org.