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Kentucky Housing Corporation Awards Funds to Help Eastern Kentucky Families

For Immediate Release

Contact:  Charla Jackson Peter

November 19, 2007

(502) 564-7630, ext. 454

Kentucky Housing Corporation Awards Funds to Help Eastern Kentucky Families 

Bell County organization receives funding


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).

The AHTF addresses 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.

“The AHTF is a very effective partnership tool that is helping improve the quality of life of many Kentuckians with critical housing needs,” said Ben A. Cook, chief executive officer of Kentucky Housing Corporation.  “Bell-Whitley Community Action Agency has nearly 40 years of experience doing just that and we are proud to help them continue in their work.”

To date, more than $40 million has been allocated from the AHTF, which is funded by a portion of mortgage-related document county clerk recording fees.  The AHTF has also leveraged additional investments of more than $255 million from other sources.  Overall, the AHTF has financed the production of nearly 6,500 housing units for low-income and special needs Kentuckians.

For more information about the Affordable Housing Trust Fund, contact Tammy Stansbury toll-free in Kentucky at (800) 633-8896 or (502) 564-7630, extension 411; TTY 711; or e-mail



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.