Based on comments received on the initial draft of the 2016 Qualified Allocation Plan (QAP) presented at the developer's forum on July 15, 2015, Kentucky Housing Corporation (KHC) made revisions to the draft QAP. The revised QAP is available on KHC's website, under Development; Multifamily; Applications, Guidelines, and Scoring. 

As a reminder, KHC will host a public hearing for the draft QAP on Tuesday, August 4, 2015, from 9 a.m. - noon ET, in the conference room of the Kentucky Higher Education Assistance Authority, 100 Airport Road, Frankfort, Kentucky. All multifamily developers, consultants, investors, or other interested parties are invited to attend.

If you have 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.

In January 2015, Kentucky Housing Corporation (KHC) announced upcoming changes in the program funding draw process. At that time, we began accepting draw requests electronically while the new Program Funding Draw Management System was being developed. After a brief pilot program, we are excited to announce that the new Program Funding Draw Management System is ready to go!  

The Program Funding Draw Management System has many valuable features, including funding award balances, disbursement records, auto-fill of draw request forms, and electronic signatures. It is even mobile friendly!

Throughout the month of August, look for eGrams with more information about how to register for the system and begin submitting draw requests. All funding recipients will be required to transition to the Program Funding Draw Management System by Tuesday, September 1, 2015, as the Universal Draw Request system will be going away. We are excited to offer such an innovative and stress-free way to improve efficiencies and stay connected with our partners!