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SOAR Special Funding Program
Kentucky Housing Corporation (KHC) has $6 million in one percent special financing to provide housing to low- to moderate-income home buyers in the SOAR region. This is a first-come, first served program. 
Special Funding Program Qualifications:
- Available to first-time and repeat home buyers - unless property is located in Boyd, Greenup, or Laurel counties; borrower(s) must be first-time home buyer in those counties.
- New construction: stick-built units that have, at minimum, all Energy Star appliances; manufactured homes that are Energy Star Certified.
- Regular DAP (up to $6,000) and Affordable DAP (up to $4,500) available.
- 640 minimum credit score.
- FHA, VA and RHS first mortgage options through MRB Funding Source.
Below is a list of the 54 applicable counties and their household income limits.
Household Income Limits for the following counties:
1-2 Persons: $66,960 3 or More Persons: $78,120
Adair, Bath, Bell, Breathitt, Carter, Casey, Clay, Clinton, Cumberland, Elliott, Estill, Fleming, Floyd, Garrard, Green, Harlan, Hart, Jackson, Johnson, Knott, Knox, Lawrence, Lee, Leslie, Letcher, Lewis, Lincoln, McCreary, Magoffin, Martin, Menifee, Metcalfe, Monroe, Montgomery, Morgan, Nicholas, Owsley, Perry, Pike, Powell, Pulaski, Robertson, Rockcastle, Rowan, Russell, Wayne, Whitley, and Wolfe.
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County
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1-2 Persons
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3 or More Persons
| Boyd
| $55,800
| $64,170
| Clark
| $81,840
| $95,480
| Edmonson
| $72,720
| $84,840
| Greenup
| $55,800
| $64,170
| Laurel
| $55,800
| $64,170
| Madison
| $68,520
| $79,940
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Purchase price limit for all counties: $265,000.
A downloadable One Percent SOAR flier is available on KHC's website, under Lenders, Marketing Tools.
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