Kentucky Housing Corporation
Kentucky

Equity Bridge Loan (EBL) funds will be leveraged with KHC’s HOME, AHTF and/or NHTF funds to provide respondents with the needed capital to create or preserve affordable multifamily housing in Kentucky. EBL funds are available for both new construction and rehabilitation of existing multifamily structures throughout Kentucky.

Funding Source
Dedicated funding stream - Other
Funding Year
FY 2022
Program Status
Active
State Funding
$30,000,000
Total Funding
$30,000,000
Website
https://www.kyhousing.org/Partners/Developers/Multifamily/Documents/2019%20Notice%20of%20Funding%20Availability%20TEB%20Gap.pdf#search=construction%20bridge%20loan
Contact
Wendy Smith Kentucky Housing Corporation [email protected] 270-402-1478
How Provided?
Development loans
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age
Program Type
Capital resources
Duration
Affordability period is 20 years
Info Source
Interview with program administrator
Last Updated
5/8/23 12:41
Eligibility Limitations

Does not limit eligibility on these criteria