In This Issue

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Employment Opportunity
Kentucky Housing Corporation (KHC) is currently accepting applications to fill the position of Manager Business Logistics within Business Logistics. The application deadline is Friday, October 9, 2015. For more information about applying for this or other positions, please visit KHC's website, under About, Careers.
2016 Competitive Application for HOME and AHTF Available
KHC has opened the 2016 Competitive Application for the HOME Investment Partnerships Program (HOME) and Affordable Housing Trust Fund (AHTF). Eligible project types include single-family home buyer and homeowner rehabilitation activities.

The 2016 Application Guidelines are available on KHC's website, under Development, Single-Family.

KHC will begin accepting HOME/AHTF applications on the Universal Funding Application (UFA) on Thursday, September 24, 2015. The deadline for submission is Friday, October 30, 2015, at 5 p.m. ET. Applicants must meet a minimum score on the Capacity Scorecard and meet minimum thresholds to submit an application.

Minimum Thresholds
  • HOME and/or AHTF funds awarded in 2012 or earlier (project numbers beginning with HB12 or HR12): 100 percent committed and 100 percent expended. All project completion report packets must be submitted to and approved by KHC no later than the application submission deadline of October 30, 2015.
  • HOME and/or AHTF funds awarded in 2013 (project numbers beginning with HB13 or HR13): 100 percent committed and 90 percent expended. All project completion report packets must be submitted to and approved by KHC no later than the application submission deadline of October 30, 2015.
  • HOME and/or AHTF funds awarded in 2014 (project numbers beginning with HB14 or HR14): 100 percent committed and 50 percent expended no later than the application submission deadline of October 30, 2015.
  • HOME funds awarded in 2015 (project numbers beginning with HB15 or HR15): 100 percent committed.
 
State Clearinghouse
Applicants requesting HOME Project funds for home buyer and/or homeowner rehab, must also submit to the State Clearinghouse via the Department of Local Government's online system, at https://kydlgweb.ky.gov. Successful submission to the online Clearinghouse system will generate a confirmation that includes the State Application Identification (SAI) number. A copy of this confirmation is a required checklist attachment for the KHC application.

It is recommended applicants contact the State Clearinghouse as soon as possible to ensure an official confirmation from the Clearinghouse system to expedite processing.

Application Fee
There is a $100 non-refundable application fee for nonprofit organizations and units of local government, and a $250 non-refundable application fee for for-profit applicants.

Applicants are strongly encouraged to submit their application fee prior to submitting their application. KHC must receive the appropriate application fee no more than seven days after the application deadline.

KHC must receive the appropriate application fee, via check or money order, to the following address:
 
Kentucky Housing Corporation
Housing Contract Administration
1231 Louisville Road
Frankfort, KY 40601
 
If you have any questions, please contact Terry Helton or Antwoine Linton toll-free in Kentucky at 800-633-8896 or 502-564-7630, extensions 273 or 416, respectively; TTY 711 or email thelton@kyhousing.org or alinton@kyhousing.org, respectively.
Basic LIHTC Compliance Training
Ohio Capital Corporation for Housing (OCCH) Training Academy will be providing a one-day training on Thursday, October 22, 2015, from 10 a.m.-4 p.m ET, at Liberty Green in Louisville, Kentucky. The training targets property management companies that are responsible for maintaining compliance with the Low Income Housing Tax Credit (LIHTC) Program. The cost of the training is free, but there is a $10 cost for a box lunch.

The training will cover the following topics:
  • The Value of the Credit
  • Qualifying Households
  • Unit and Project Requirements
  • On-going Compliance Requirements
  • Monitoring Compliance
  • 8823-Report of Non-Compliance 
A flier is available for more information. If you have any questions, please contact OCCH's Lynn Logan at 614-224-8446 or email LLogan@OCCH.org.

DO NOT REPLY-This is an unmonitored email address. 

 

Kentucky Housing Corporation prohibits discrimination on the basis of race; color; religion; sex; national origin; sexual orientation; gender identity; ancestry; age; disability; genetic information; 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.