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KHC Holiday Hours
Kentucky Housing Corporation (KHC) offices will close at 4 p.m. Wednesday, December 23, and remain closed on Thursday and Friday, December 24 and 25, 2015, in observance of the Christmas holiday. KHC offices will reopen at 8 a.m. on Monday, December 28, 2015.
KHC offices will also close at 4 p.m. on Wednesday, December 30, and remain closed on Thursday, December 31, 2015, and Friday, January 1, 2016, in observance of the New Year's holiday. KHC offices will reopen at 8 a.m. on Monday, January 4, 2016.
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Minimum Design Standards Update
KHC's Design and Construction Review has updated the Minimum Design Standards for Single-Family Construction, available on KHC's website, under Development, Design and Construction. This is effective for all single-family construction funded in 2016 and future funding rounds.
If you have any questions, please contact Dave Johnson toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 457; TTY 711; or email dwjohnson@kyhousing.org.
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Electronic Annual Performance Reporting
Every year, owners and managers of affordable rental housing funded through KHC are required to submit an Annual Performance Report (APR) by March 15 of the current year for the previous calendar year.
To decrease costs for partners and KHC, the APR must be submitted electronically. APR are required for all rental projects that are within their compliance period. This includes projects allocated Housing Credits and funding from the Risk-Sharing, HOME Investment Partnerships, and Small Multifamily Affordable Loan Programs, as well as the Affordable Housing Trust Fund. The deadline for submission to KHC is Tuesday, March 15, 2016. All APRs submitted after the March 15 deadline will be subject to late fees.
Some fees have changed. Please refer to the new Compliance Monitoring Fee Schedule located on KHC's website, under Quick Links, Asset Mgmt, Annual Performance Reporting Tools dropdown.
KHC is now accepting payments through our online payment system beginning Monday, January 4, 2016. You must log in to the Tenant Data Certification System (TDCS) to make the payment. The TDCS is available on KHC's website, under Systems. Checks will no longer be accepted.
The APR consists of all the following items submitted and received at KHC by Tuesday, March 15, 2016:
- Completed Owner's Annual Certification of Compliance (all funding sources).
- Annual Operating Expenses / Income and Rental Rate Information.
- All online payments of fees must be received by 11:59 p.m. ET, Tuesday, March 15, 2016.
Instructions for completing the 2015 APR are available on KHC's website, under Quick Links, Asset Mgmt, Annual Performance Reporting Tools dropdown. These instructions provide checklists that help ensure documents are submitted by the appropriate submission method.
Caution: To avoid fees for incomplete submissions, please follow the APR Submission Instructions.
Note: Fee payment must be submitted with a printed copy of the invoice. Please note, these invoices will not be available until Monday, January 4, 2016.
If you need assistance with this new electronic submission process, please contact Amanda Bess or Tim Carpenter toll-free in Kentucky at 800-633-8896 or 502-564-7630, extensions 700 or 733, respectively; TTY 711; or email abess@kyhousing.org or tcarpenter@kyhousing.org, respectively.
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