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News/Events

Press Releases

Press Releases

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State Housing Finance Agency Launches Homeownership Program to Help Kentucky Veteran and Military Families​​
KHC has announced a new, statewide loan option to assist eligible military families and non-active duty veterans achieve the dream of homeownership for first-time homebuyers.​

Edwin King and KHC Board Members Visit Capitol Hill Sharing Kentucky’s Affordable Housing Success
Newly named executive director, Edwin King; along with recently named general counsel of KHC, Jeremy Ratliff; and KHC Board member, Gale Lively visited Capitol Hill to share Kentucky’s affordable housing success and garner support for federal housing programs that provide safe, quality, affordable housing to Kentucky’s low-income families.

Results of Annual Homeless Count Announced​​
KHC released the results of the 2017 K-Count, a “point-in-time” count of homeless Kentuckians living on the streets.

Two State Housing Finance Agencies Partner across KY/TN Border to Provide Homeownership Opportunities
Two state housing finance agencies, Kentucky Housing Corporation (KHC) and the Tennessee Housing Development Agency (THDA) partnered together, across borders, commemorating Homeownership Month, at the Hopkinsville Rotary Club.

Greystone and Winterwood, Inc. Celebrate Grand Reopening of Affordable Housing Communities at Ribbon Cutting Event in Lawrenceburg, Kentucky
Local, State, and National officials celebrate preservation of much-needed low-income housing and importance of LIHTC Program.

Edwin King Takes Helm as Kentucky Housing Corporation Executive Director 
KHC has announced the selection of Edwin King as its new executive director.

Kentucky Housing Corporation Honors 2016 Top Lenders
Kentucky Housing Corporation (KHC) recognized its 2016 top lending partners of affordable mortgage loans at the 12th Annual Lender Luncheon in Lexington, Kentucky.

Kentucky Selected for Program to End Youth Homelessness
The U.S. Department of Housing and Urban Development (HUD) recently announced ten Continuum of Care communities selected to participate in the Youth Homelessness Demonstration Program (YHDP), an effort that will help these communities develop methods intended to end youth homelessness.

2016 Housing Innovation Awards
Awards honoring excellence and innovation in affordable housing were presented at the 2016 Kentucky Affordable Housing Conference in Louisville, which was held October 18-19.

2016 K-Count Results
KHC released the results of the 2016 K-Count, a “point-in-time” count of homeless Kentuckians living on the streets, in emergency shelters, or other temporary housing programs in the Balance of State (118 counties outside of Fayette and Jefferson) during a single night. Due to separate funding streams, Louisville and Lexington conduct their own counts.

Unemployment Bridge Program (UBP) Relaunch

KHC is pleased to announce that the Unemployment Bridge Program (UBP) reservation window has reopened.

Kentucky Housing Corporation Honors 2015 Top Lenders
KHC recognized its 2015 top lending partners of affordable mortgage loans at the 11th Annual Lender Luncheon today in Shelbyville, Kentucky.

Greystone, in Partnership with Kentucky Housing Corporation and Others, Helps Preserve 563 Units of Affordable Housing in $64.4 Million Tax-Exempt Bond Transaction in Kentucky
KHC is leading preservation efforts in Kentucky to address the complexities of preserving the estimated 50,000 units of at-risk affordable housing.

Eastern Scholar House
In the summer of 2017, single-parent households in eastern Kentucky will have access to housing and help while they pursue a college degree through a recently-funded program — the Eastern Scholar House.

Special 1 Percent, Fixed-Rate Financing Helped 60 Families Become Homeowners in the Appalachian Region
KHC's special 1 percent financing program is no longer available after assisting 60 families in the 54-county SOAR to become homeowners. However, other assistance is still available!

Hickory Hill Recovery Center
First Lady Jane Beshear today joined several local officials and community health supporters for the grand opening of the Hickory Hill Recovery Center in Knott County. The facility is the state’s newest Recovery Kentucky Center and will offer a supportive housing and recovery program for men suffering from chronic substance abuse and addiction.

Special Financing Program for Energy-efficient Homes in SOAR Region
Lieutenant Governor Crit Luallen today announced a special 1 percent financing program to make buying a home more affordable for residents in the 54-county SOAR.

Citi and Renew Financial Announce First Ever Energy Efficiency Loan Asset-Backed Security Transaction

Citi and Renew Financial announced that they recently closed the first ever asset-backed security (ABS) transaction comprised of unsecured consumer energy efficiency loans. This is good news for Kentucky homeowners who need to make energy efficient improvements to their homes.  

KHC Honors Achievements in Housing Innovation​
Awards honoring excellence and innovation in affordable housing were presented at the 2015 Kentucky Affordable Housing Conference in Lexington, which was held April 8-9.

Kentucky Housing Corporation Honors 2014 Top Lenders
KHC recognized its 2014 top lending partners of affordable mortgage loans at the 10th Annual Lender Luncheon today in Shelbyville, Kentucky.

Lt. Gov. Luallen Joins Housing, Veterans Officials to Announce Plan to End Veteran Homelessness in Kentucky by 2015 (January 29, 2015)
The “Challenge to End Veteran Homelessness” involves collaboration between the U. S. Department of Housing and Urban Development (HUD) and the KHC to issue a larger number of permanent housing vouchers for homeless veterans in Kentucky.

Summit Aimed at Preserving State’s Affordable Rental Housing (October 28, 2014)
In just over five years, KHC estimates the Commonwealth could risk losing more than 49,000 rent-restricted units. If those units disappear, many Kentuckians would not be able to afford safe, quality housing.

Treasury Approves New Options for Struggling Kentucky Homeowners Through the Unemployment Bridge Program (October 13, 2014)
The U.S. Department of the Treasury has approved expansion of the Unemployment Bridge Program (UBP) to help struggling Kentucky homeowners through the services provided by KHC. Starting today, the UBP can now help homeowners who have a reduction in income due to a qualifying long-term or permanent disability.

J. Kathryn Peters Named New Executive Director of Kentucky Housing Corporation (December 26, 2013)
KHC Board of Directors Chair, William E. Summers, V, announced that J. Kathryn Peters has been named executive director.

Veterans Findings for the ‘Progress Report on Ending Homelessness’ Released (November 14, 2013)

KHC released the Veterans Findings for the “Progress Report on Ending Homelessness,” a report describing the trends and changes in the homeless population in the Balance of State (all counties except Jefferson and Fayette).  From 2009-2013, the number of homeless veterans in Kentucky’s Balance of State has increased 37 percent.

KY Home Performance Wins National Award (November 14, 2013)
KHCwas recognized at the Annual Awards for Program Excellence during the National Council of State Housing Agencies 2013 Annual Conference & Showplace in New Orleans, Louisiana, for the achievements of the KY Home Performance Program (KHP)

Kentucky Housing Honors 2013 Achievements in Affordable Housing (October 09, 2013)

Awards honoring excellence in affordable housing were presented at the 2013 Kentucky Affordable Housing Conference in Lexington, which was held October 9-10.

October 2013 Energy Awareness Month (October 09, 2013)

KHC highlighted the advantages of home energy improvements in one of the session tracks on the first day of its Oct. 9-10 Kentucky Affordable Housing Conference in Lexington to coincide with Gov. Steve Beshear proclaiming October as “Energy Awareness Month in Kentucky.”

Results of Homeless Count Announced (May 22, 2013)

KHC recently released the results of the 2013 K-Count, a count of homeless Kentuckians in the Balance of State (118 counties outside of Fayette and Jefferson).

Kentucky Housing Corporation Honors 2012 Top Lenders (March 21, 2013)

KHC, the state housing finance agency, recognized its 2012 top lending partners of affordable mortgage loans at the Eighth Annual Lender Luncheon Thursday, March 21, 2013, in Shelbyville.

Kentucky Housing Honors Achievements in Affordable Housing (September 12, 2012)

Awards honoring excellence in affordable housing were presented at the 2012 Kentucky Affordable Housing Conference in Louisville, which was held September 11-12.

Largest Weatherization Project in State Makes Energy Efficiency Impacts on Louisville Community, Saves Energy Costs (July 26, 2012)

Avenue Plaza, a Louisville Metro Housing Authority-owned building, has undergone the largest weatherization project in the history of Kentucky’s Weatherization Assistance Program, significantly impacting energy efficiencies and making housing safer and more comfortable for its residents.

Program helped over 1,500 Kentucky homeowners avoid foreclosure (May 07, 2012)

Homeowners who lost their job due to the economy have a resource to help them with their mortgage payments.  The Unemployment Bridge Program provides a forgivable loan to homeowners who have lost their job or had a reduction in employment income through no fault of their own.

Kentucky Housing Corporation Honors 2011 Top Lenders (March 08, 2012)

Kentucky Housing Corporation (KHC), the state housing finance agency, recognized its 2011 top lending partners of affordable mortgage loans at the Seventh Annual Lender Luncheon on March 8, 2012, in Frankfort.

Kentucky Housing Honors Achievements in Affordable Housing at the 2011 Kentucky Affordable Housing Conference (October 14, 2011)

On Thursday, October 13, awards honoring excellence in affordable housing were presented at the 2011 Kentucky Affordable Housing Conference in Lexington. 

New Home Buying Options Available from KHC (August 24, 2011)

Kentuckians now have additional options from Kentucky Housing Corporation (KHC), the state housing finance agency, for buying a home.  Effective August 15, 2011, KHC is now offering a GNMA Secondary Market product to offer more competitive rates and serve more Kentuckians.  Thanks to HB 256, passed in March 2011, the KHC GNMA Secondary Market Program is now available for homeowners whose incomes are up to 175 percent of the area median income.  KHC can now also refinance mortgages with affordable, fixed-interest rates for 30-year terms, as well as offer mortgages for repeat home buyers.

Kentucky Housing Corporation to Continue Administering Kentucky’s Section 8 Program (July 27, 2011)

On February 28, 2011, the U.S. Department for Housing and Urban Development (HUD) issued an Invitation for Submission of Application for Contract Administrators to bid for the Project-Based (Section 8) Housing Assistance Payments (HAP) contracts for the state of Kentucky.  The state housing finance agency, Kentucky Housing Corporation (KHC), submitted a response to the application, and on July 1, 2011, received official notification from HUD that KHC had been selected to serve as the performance-based contract administrator for the state of Kentucky. 

Emergency Shelter Grant Funding Announced June 10, 2011 (June 10, 2011)

Kentucky Housing Corporation (KHC) announces the 2011 Balance of State Emergency Shelter Grant (ESG) recipients from the April 11, 2011, application round.  Forty-seven applicants will receive a total of $1,390,609 from the U.S. Department of Housing and Urban Development (HUD) to assist the homeless in Kentucky.

New Program to Help Homeowners Affected by Job Loss Launched Statewide (April 11, 2011)

Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady announced a new loan option to assist eligible homeowners in making their mortgage payments as they seek employment.  “There are many hard-working Kentuckians who are doing all they can to provide for their families and keep their homes, even after losing hours at work or losing their jobs entirely. This program will help Kentucky’s workers bridge the gap until they can obtain steady employment.”

Gov. Beshear signs bill to help home buyers and homeowners (March 28, 2011) Governor Steve Beshear, joined by Rep. Mike Denham, of Maysville, and Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady,  today signed into law a bill that will help families purchase and live in homes they can afford.

Kentucky Housing Corporation Honors Top Lenders for 2010 (March 10, 2011)

Kentucky Housing Corporation (KHC), the state housing finance agency, recognized its 2010 top lending partners of affordable mortgage loans at the Sixth Annual Lender Luncheon today, Thursday, March 10, 2011, in Frankfort.

First Lady Jane Beshear Announces Hunger and Homelessness Awareness Week in Kentucky (November 09, 2010)

First Lady Jane Beshear, joined by 2010 Miss Kentucky Djuan Trent, advocates for the homeless and other state officials, today announced November 14-20, 2010, as Hunger and Homelessness Awareness Week in Kentucky. Mrs. Beshear also presented a proclamation signed by Gov. Steve Beshear in honor of the week.

Kentucky is Represented on NCSHA’s Newly-Elected Leadership Team and KHC is Recognized for Outstanding HFA Programs (October 26, 2010)

As part of the National Council of State Housing Agencies (NCSHA), Kentucky Housing Corporation (KHC) participated in the 40th Annual Conference, held October 2-5 in Boston, MA.  NCSHA’s housing finance agency (HFA) members elected officers and directors to its Board of Directors and Kentucky is represented.  Also, KHC was an award recipient for the category of Management Innovation: FinancialFinding Opportunities in Challenging Times for a statewide initiative, the Kentucky Homeownership Protection Center.

Kentucky Housing Honors Achievement in Affordable Housing (September 22, 2010)

Awards honoring excellence in affordable housing were presented at the 2010 Kentucky Affordable Housing Conference in Louisville.

Kentucky Housing Corporation Announces Winners of 2010 “My Own Kentucky Home” Art Contest (July 01, 2010)

Kentucky Housing Corporation (KHC) announced the winners of the 2010 “My Own Kentucky Home” Art Contest.  The contest, held annually in June by KHC in conjunction with National Homeownership Month, drew entries from around the state from children depicting their Kentucky homes.  The winners in three different age groups, Abigail Little (left) from Dunnville, ages 10 to 12; Sixx Hernandez (middle) from Burlington, ages 7 to 9; and Judah Little (right) from Dunnville, ages 6 and below; all received art kits valued at $50 each. 

Results of 2010 Statewide Homeless Count Announced (June 30, 2010)

Today, June 30, at a regular meeting of the Kentucky Interagency Council on Homelessness (KICH) Executive Committee in Frankfort, the results of the 2010 Point-In-Time Count of the Homeless were released. 

Kentucky Housing Corporation Announces 2010 Emergency Shelter Grant Funding (June 01, 2010)

Kentucky Housing Corporation (KHC) has announced the latest recipients, outside of Fayette and Jefferson Counties, of Emergency Shelter Grant (ESG) funds.  Forty-six projects proposed by nonprofit agencies and local governments will receive a total of $1,338,030 from the U.S. Department of Housing and Urban Development (HUD) to assist the homeless in Kentucky. 

First Lady Celebrates Ribbon Cutting for Recovery Kentucky Center (May 20, 2010)

First Lady Jane Beshear, along with Department for Local Government (DLG) Commissioner Tony Wilder and Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, participated in a ribbon-cutting event today for Owensboro Regional Recovery, Ltd., one of ten recovery centers that works to reduce the state’s drug and homelessness problems. Owensboro Regional Recovery, Ltd., will provide counseling, support, and hope for up to 100 men at a time who are recovering from drug and alcohol addiction.

Kentucky’s Rents Rise While Wages Fall (May 14, 2010)

The recent economic crisis has impacted all Americans and caused prices to increase and wages to decrease.  A family needs to earn $18.44 per hour, or nearly $38,360 a year, to afford a modest rental home in the United States, according to the National Low Income Housing Coalition’s Out of Reach 2010 report, released April 21, 2010.  Despite the recession, the report finds that rents continue to rise, while wages continue to fall across the country.  The estimated average wage for renters in the United States this year is only $14.44, a decline from $14.69 in 2009.

Kentucky Housing Waiting List for Section 8 Rental Assistance to Close April 1, 2010 (March 29, 2010)

Kentucky Housing Corporation (KHC) has announced that the waiting list for Section 8 Tenant-Based Rental Assistance will close at 12:01 a.m. on Thursday, April 1, 2010, in 87 Kentucky counties where KHC administers the program.  

Kentucky Housing Corporation Announces January 2010 HOME and AHTF Funding (March 18, 2010)

Kentucky Housing Corporation (KHC) has announced the latest round of funding from the Affordable Housing Trust Fund (AHTF) and the HOME Investment Partnerships (HOME) Program.  Seventeen recipients around the state will receive a total of over $7.3 million to fund homeownership development projects in their communities and produce or preserve approximately 173 units of affordable housing. 

Kentucky Housing Corporation Honors Top 2009 Lenders (March 09, 2010)

Kentucky Housing Corporation (KHC), the state housing finance agency, recognized its 2009 top lending partners of affordable mortgage loans at the Fifth Annual Lender Luncheon today, Tuesday, March 9, in Frankfort.

Homeless to be Counted throughout State (January 25, 2010)

A statewide count of homeless Kentuckians of all ages living in shelters, on the streets, and other places not meant for human habitation is being coordinated by Kentucky Housing Corporation.

KHC Offers Lowest Home Loan Interest Rates in History (January 06, 2010)

Gov. Steve Beshear today announced that Kentucky Housing Corporation (KHC) will begin offering the lowest interest rates in its history thanks to President Obama’s Homeowner Affordability and Stability Plan. 

Kentucky’s Ten-Year Plan to End Homelessness: Update 2009 Released (December 23, 2009)

Governor Steve Beshear announced his support for Kentucky’s Ten-Year Plan to End Homelessness:  Update 2009 today, Wednesday, December 23.

FSS Program Helps Owensboro Family Buy Home (December 15, 2009)

Daniel and Tonya Boehman are the proud owners of a new home through support of the Kentucky Housing Corporation (KHC) Family Self-Sufficiency (FSS) Program.  The Boehmans were recognized during a ceremony on Monday, December 14, at their home in Owensboro. 

First Lady Announces Hunger and Homelessness Awareness Week in Kentucky (November 09, 2009)

First Lady Jane Beshear, joined by homeless advocates and other state officials, today announced November 15-21, 2009 as Hunger and Homelessness Awareness Week in Kentucky.

Governor Announces Homelessness Prevention and Housing Program Funding (September 22, 2009) Kentucky Gov. Steve Beshear, along with Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, today announced the recipients of Kentucky’s Housing and Emergency Assistance Reaching The Homeless (KY HEARTH) Program grant funds.  This initiative is part of the national American Recovery and Reinvestment Act (ARRA) of 2009 and the federal Homeless Prevention and Rapid Re-Housing Program.  Lexington, Louisville and Covington received direct allocations.  KHC administers the balance of the state’s portion.

Kentucky Housing Corporation Announces HOPWA Funding (June 24, 2009)

Five agencies will receive a combined total of $439,199 to help meet the housing needs of low-income Kentuckians with HIV/AIDS.

Gov. Beshear Announces New Homelessness Prevention and Housing Program (May 27, 2009)

Gov. Steve Beshear, along with Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, and U.S. Interagency Council on Homelessness National Team Leader Michael German, today announced that Kentucky has applied for more than $18.5 million for a new program to provide rental assistance and services to prevent people from becoming homeless and to help those who are experiencing homelessness.

Governor Beshear Announces Over $1.5 Million Awarded to Help Homeowners Facing Foreclosure (February 06, 2009)

Joined by Lexington Mayor Jim Newberry and Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, Gov. Steve Beshear announced today that the Kentucky Homeownership Protection Center would receive a grant in excess of $1.5 million from NeighborWorks® America as a part of the federal Housing and Economic Recovery Act of 2008.

Richard L. McQuady Named New Chief Executive Officer of Kentucky Housing Corporation (October 21, 2008)

Kentucky Housing Corporation (KHC) Board of Directors Chairman, William E. Summers, V, announced today, October 21, that Richard L. McQuady has been named chief executive officer.

First Lady Cuts Ribbon to Brighton Recovery Center (July 7, 2008)

Kentucky first lady and Recovery Kentucky Task Force Co-Chair Jane Beshear, joined by Boone County Judge Executive Gary Moore, participated in a ribbon cutting in Florence today for Brighton Center, Inc.

2008 Housing Credit and Rental Production Funding Awards (March 31, 2008)

Kentucky Housing Corporation has announced the latest round of funding from the Affordable Housing Trust Fund (AHTF), HOME Investment Partnerships (HOME) Program, Small Multifamily Affordable Loan (SMAL) Program and Low Income Housing Tax Credits (Housing Credit).  Twenty-nine recipient projects around the state will create 1,043 total units of affordable housing in Kentucky communities.  Total program funding amounts are $3,993,856 AHTF; $3,951,915 HOME; $500,000 SMAL; and $7,284,306 Housing Credit.

Kentucky Housing Corporation Under New Leadership (January 23, 2008)

Kentucky Housing Corporation, the state housing finance agency, announced today that Ben A. Cook, chief executive officer, has resigned. Cook had served in this post since 2004 following his retirement from the U.S. Department of Housing and Urban Development in Louisville. Under his leadership, Kentucky Housing continued the advancement of affordable housing and developed additional initiatives to serve Kentucky’s most vulnerable residents.

Bell County organization receives AHTF funding (November 19, 2007)

Bell-Whitley Community Action Agency was awarded funding today from Kentucky Housing Corporation to produce affordable housing for very low-income persons in eastern Kentucky.  Bell-Whitley Community Action Agency received $180,000 from the state Affordable Housing Trust Fund (AHTF).

Ribbon Cutting Ceremony Takes Place at Women’s Addiction Recovery Manor (August 27, 2007)

A ribbon cutting ceremony was held in Henderson on Monday, August 27, 2007, for the first of many recovery centers that will simultaneously reduce the state’s drug and homeless problems.  The Women’s Addiction Recovery Manor (WARM), on McKinley Street, will provide counseling, support and hope for women recovering from drug and alcohol addiction. 

Kentucky Housing Corporation Announces Recipients of Tax-Exempt Bond Funding (July 31, 2007)

Kentucky Housing Corporation, the state housing finance agency for Kentucky, has announced the recipients of tax-exempt bond financing to be used for the construction and rehabilitation of 959 affordable rental housing units. 

Governor Fletcher, Kentucky Housing Corporation Announce Louisville Scholar House Funding (June 28, 2007)

Governor Ernie Fletcher joined representatives of Kentucky Housing Corporation, Project Women, University of Louisville and state and local officials today to announce the funding of Louisville’s Scholar House.  This new initiative will provide affordable housing, counseling and on-site childcare for single parents who are pursuing post-secondary education.  The Louisville Scholar House is the second of five such developments planned around the state. 

Kentucky League of Cities Forges Partnership with Kentucky Housing Corporation (June 07, 2007)

The Kentucky League of Cities and Kentucky Housing Corporation have formed a contractual partnership to work with local leaders on key housing issues.   The arrangement creates a KLC liaison to work with mayors and local leaders. 

Kentucky Housing Corporation Announces Latest Project Funding (June 07, 2007)

Kentucky Housing Corporation has announced the latest round of funding from the Affordable Housing Trust Fund (AHTF), HOME Investment Partnerships (HOME) Program, Small Multifamily Affordable Loan (SMAL) Program and Low Income Housing Tax Credits (Housing Credits).  Sixteen recipients around the state will receive nearly $9 million to fund housing developments in their communities and produce approximately 631 units of affordable housing.

Kentucky Housing Corporation Announces Emergency Shelter Grant Funding (June 07, 2007)

Kentucky Housing Corporation has announced the latest recipients, outside of Fayette and Jefferson Counties, of Emergency Shelter Grant (ESG) funds.  Forty-four projects proposed by nonprofit agencies and local governments will receive a total of $1,358,739 from the U.S. Department of Housing and Urban Development (HUD) to assist the homeless in Kentucky.  In addition, Jefferson and Fayette Counties, which administer their own ESG programs, will receive $616,607 from HUD to fund 38 projects.

Partnership Helps Record Breaking Number of Kentuckians Become Homeowners (February 13, 2007)

While the housing market began to slow across the country in 2006, Kentucky Housing’s network of 850 lenders helped provide over $500 million in affordable mortgage loans to more than 5,000 Kentucky households, a new record for the 35-year-old state housing finance agency.  Kentucky Housing recognized the top lending partners at the Second Annual Lender Recognition Luncheon today.

Kentucky Housing Corporation Announces Emergency Shelter Grant and EmergencyShelter Grant Match Funding Availability (January 24, 2007)

Kentucky Housing Corporation has announced the availability of Emergency Shelter Grant (ESG) funding along with the first round of Emergency Shelter Grant Match (ESGM) funds.  ESG is a federal program administered by Kentucky Housing that was established in 1989 to aid America’s homeless.  ​​​​​