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News/Events

Kentucky is Represented on NCSHA’s Newly-Elected Leadership Team and KHC is Recognized for Outstanding HFA Programs

For Immediate Release 

Contact:  Charla Jackson Peter

October 26, 2010

(502) 564-7630, ext. 454

Kentucky is Represented on NCSHA’s Newly-Elected Leadership Team and KHC is Recognized for Outstanding HFA Programs

Frankfort, KY – 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 the following officers and directors to its Board of Directors and Kentucky is represented:

President
Gerald Hunter, Idaho Housing and Finance Association

Vice President
Brian Hudson, Pennsylvania Housing Finance Agency

Secretary/Treasurer
Tom Gleason, MassHousing

At-Large Executive Committee Member
Ted Fellman, Tennessee Housing Development Agency

Newly-Elected Board of Directors
Steve Auger, Florida Housing Finance Corporation
Dean Christon, New Hampshire Housing Finance Authority
Doug Garver, Ohio Housing Finance Agency
Michael Gerber, Texas Department of Housing and Community Affairs
Richard L. McQuady, Kentucky Housing Corporation
Antonio Riley, Wisconsin Housing and Economic Development Authority
Steve Spears, California Housing Finance Agency
Grant Whitaker, Utah Housing Corporation

Other members of the Board include:

Ex Officio
Susan Dewey, Virginia Housing Development Authority

Incumbent Board of Directors
Dianne Bolen, Mississippi Home Corporation
Sarah Carpenter, Vermont Housing Finance Agency
David Haney, Wyoming Community Development Authority
Dennis Shockley, Oklahoma Housing Finance Agency

NCSHA’s Board of Directors work to help lead efforts to coordinate and leverage federal advocacy for affordable housing affecting each state and the nation.  Housing is a critical cornerstone to a healthy economy and NCSHA is the principal advocate in Washington for Mortgage Revenue Bonds, Housing Credits, and other federally funded housing programs.

“As chief executive officer, my focus has been to assess critical housing needs throughout the state,” said KHC’s Richard L. McQuady.  “By holding community forums to center on corporate strategic goals, we strengthen our programs, better meet housing needs, and heighten our partnerships, which create more affordable housing opportunities desperately needed throughout Kentucky.”

NCSHA presented its Annual Awards for Program Excellence during the conference, attended by nearly 1,000 affordable housing industry professionals. The mission of the awards program is to share information about the most successful housing programs, identify industry best practices, recognize exemplary HFA efforts, and encourage HFA innovation. The winning programs were judged on originality, innovation, a proven track record in the marketplace, cost/benefit ratio, and measurable benefits provided to targeted customers.  The winning programs were chosen from entries submitted by HFAs across the country and will serve as models for other HFA programs.  “This year in particular, the entries show the innovation and spirit of HFAs. Even in these difficult times, HFAs are creating programs that help deserving people get and keep homes they can afford,” said NCSHA’s executive director Barbara Thompson.  Kentucky Housing Corporation was an award recipient for the category of Management Innovation: FinancialFinding Opportunities in Challenging Times for a statewide initiative, the Kentucky Homeownership Protection Center (Protection Center).   

Kentucky individuals and families who are facing foreclosure or are in danger of becoming delinquent can seek free help through the Protection Center.  While this program currently does not have funds to assist clients with mortgage payments, free counseling is offered and homeowners can find information on public services, the foreclosure process, utility assistance, and home repair assistance to make smart choices and avoid losing their homes.

If homeowners are delinquent on their home loan, in danger of becoming delinquent, or are just starting to have financial problems that may affect their ability to pay their mortgage, they should immediately contact the Protection Center toll-free in Kentucky at (866) 830-7868 or visit www.ProtectMyKYHome.org.  Financial counselors, attorneys, and public assistance agencies are available to help homeowners understand their options.

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www.kyhousing.org

Kentucky Housing Corporation, the state housing finance agency, was created by the 1972 General Assembly to provide affordable housing opportunities.  As a self-supporting, public corporation, Kentucky Housing offers lower-than-market rate home mortgages, housing production financing, homeownership education/counseling, rental assistance, housing rehabilitation, and supportive housing programs for special needs populations.

Kentucky Housing Corporation prohibits discrimination in employment based on race, color, religion, sex, national origin, sexual orientation, gender identity, ancestry, age, disability, or veteran status.