More detailed information on these programs can also be found in the Multifamily Guidelines.
Multifamily Development
Kentucky Housing Corporation (KHC) is the designated administrator for the Commonwealth of Kentucky of the Federal Low-Income Housing Tax Credit (LIHTC) program, governed by Section 42 of the Internal Revenue Code (Code), as well as the Tax-Exempt Bond program for rental housing, governed by Section 142(d) of the Code. KHC offers various gap financing programs, that may be paired with LIHTCs or Tax-Exempt Bonds. KHC conducts an annual competitive process for these resources to create or preserve affordable housing in conjunction with our development partners.