The AHTF was established in 1992 by the Kentucky General Assembly to address the critical housing needs of very low-income Kentuckians, including the mentally and physically disabled and those on the verge of homelessness. The fund supports projects that assist persons at or below 60 percent of the area median income, with a preference to help persons at or below 30 percent of the area median income.
Multifamily developments assisted with AHTF funds are deed restricted for 30 years to ensure the continued affordability of the units.
Who Can Apply
Nonprofit organizations are eligible to apply for funding from the AHTF for multifamily developments.
Organizations eligible for funding from the AHTF include local governments, local government housing authorities, nonprofit organizations, and regional or statewide housing assistance organizations.
The affordability period for homeownership projects is five years.
For more information, please read the AHTF brochure.
For more information, contact:
Kentucky Housing Corporation | 1231 Louisville Rd., Frankfort, KY 40601502-564-7630; 800-633-8896 (KY only); TTY 711