Select an item to learn more about it.
Affordable Housing Trust Fund (AHTF)
The AHTF is a state-funded program specifically for nonprofit applicants to develop housing for households at or below 60% of the area median income.
Community Housing Development Organizations (CHDOs)
This special designation, granted by KHC, allows nonprofit partners to access specific HOME funds to develop, own, or sponsor affordable housing.
HOME Investment Partnerships Program (HOME)
HOME is a federal program of the U.S. Department of Housing and Urban Development (HUD) which offers gap financing for the creation or preservation of affordable housing for households up to 80% AMI.
Low-Income Housing Tax Credit (LIHTC)
The LIHTC Program (also known as “Housing Credits”) promotes the development of affordable rental housing through tax incentives. The program offers eligible property owners a 10-year tax credit for each unit created for low-income families. Owners then sell the credits to an equity investor.
National Housing Trust Fund (NHTF)
NHTF is also a HUD gap financing program that targets assistance to households earning 30% or less of the area median income. KHC requires NHTF funds to be used in conjunction with Project-Based Vouchers.
Rural Housing Trust Fund (RHTF)
The RHTF is a state-funded program that provides gap financing for projects located in a federally declared disaster area or assisting those displaced by a declared disaster or projects submitted by nonprofit organizations or local governments for new rural housing. Eligible households may earn up to 120% of the area median income.
Tax-Exempt Bond Financing
KHC offers conduit tax-exempt private activity bonds (Tax-Exempt Bonds) in conjunction with 4% Low-Income Housing Tax Credits, which are not limited by Kentucky's annual credit allocation and may be accessed when at least 25% of eligible development costs are financed by tax-exempt bond proceeds.
Weatherization Assistance Program (WAP)
This program funds partners to provide energy audits and install energy-saving measures, lowering utility bills for homeowners and renters and improving the energy efficiency of housing stock.
