Kentucky Housing Corporation
Kentucky

During the 1996 legislative session, the General Assembly found and declared it to be in the public interest to establish a state policy on housing. Section 1 of the Commonwealth of Kentucky Housing Policy Act sets the following objectives: Encourage the availability of decent and affordable housing for all Kentucky residents; Identify the basic housing needs of all Kentuckians, including the elderly, persons of low and very low income, the disabled, the homeless, and single-parent households; Coordinate housing activities and services among state departments and agencies to ensure program flexibility and comprehensive housing production; Remove administrative and regulatory guidelines to ensure compatibility in the development of affordable housing for all Kentuckians; Inventory state-owned lands and buildings to evaluate utilization for both public and private housing development; Encourage and strengthen collaborative planning and partnerships among social service providers, all levels of government, and the public and private sectors, including for-profit and nonprofit organizations, in the production of affordable housing; Re-evaluate housing and housing-related programs and policies to ensure proper coordination of those programs and policies; Coordinate housing into comprehensive community and economic development strategies at the state and local levels; Encourage local planning commissions to include a housing element in the five (5) year comprehensive plan; and Discourage housing policies or strategies which concentrate affordable housing in limited sections of metropolitan areas and county jurisdiction.​

Funding Source
Dedicated funding stream - Real estate transfer tax
Funding Year
FY 2023
Program Status
Active
State Funding
$6,000,000
Total Funding
$6,000,000
Contact
Wendy Smith Kentucky Housing Corporation [email protected] 270-402-1478
How Provided?
Development loans; Development grants
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age
Program Type
Income Eligibility Threshold
Info Source
Interview with program administrator
Last Updated
5/8/23 12:42
Other Eligibility Requirements

No other eligibility requirements

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Does not prioritize beyond eligibility requirements