FRANKFORT, KY – Kentucky Housing Corporation (KHC), the state housing finance agency, announces Lisa Beran as its new interim executive director and chief executive officer after Edwin King announced his resignation to enter the private sector.
Ms. Beran formerly served as deputy executive director and general counsel of KHC, and had retired in March 2019, but returns as interim executive director on Monday, August 19, for a smooth transition.
"We appreciate Edwin King's time of service to Kentucky Housing Corporation as executive director; he will be greatly missed," said KHC's Board of Directors Chair, William Summers, V. "Lisa Beran brings her wealth of knowledge back to KHC and the Corporation will continue thriving under her leadership as one of the best Housing Finance Agencies in the nation."
"Providing an array of housing solutions that empower Kentucky families is an important mission of KHC," said Lisa Beran. "Returning as interim executive director is a tremendous opportunity, and I am enthusiastic about continuing the work on investment strategies that help our citizens and communities."
"I am proud to have led KHC over the last two years to encourage housing production and new solutions that help underserved and growing populations," said Edwin King. "Lisa Beran will continue to lead the way and champion initiatives that strengthen Kentucky."
As Kentucky’s housing finance agency, Kentucky Housing Corporation (KHC) offers programs designed to create, preserve, and sustain affordable housing. In partnership with state and federal agencies, KHC administers programs that assist low- and moderate-income households with affordable home loans and down payment assistance, affordable rental homes, housing solutions for homeless, and specialized housing with supportive services.
Created by the General Assembly in 1972, KHC is a self-supporting, public corporation of the Commonwealth of Kentucky. KHC is a quasi-governmental agency, which is administratively attached to the Finance and Administration Cabinet, and a portion of KHC's funds are derived from the interest earned through the sale of tax-exempt mortgage revenue bonds. From these proceeds, KHC has made homeownership possible for more than 98,000 Kentucky families.
KHC also receives fee income for administering federal programs, including rental assistance that makes quality housing available to more than 27,500 low-income Kentuckians. Other programs offered by KHC include rental housing financing for development and preservation, rental assistance, homelessness assistance, homeownership pre-purchase education/counseling, home energy and repair initiatives, as well as loan servicing of its mortgage loans. KHC works with many partners across the state to invest in and create affordable housing opportunities.
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For more information, contact:
Kentucky Housing Corporation | 1231 Louisville Rd., Frankfort,
KY 40601 502-564-7630; 800-633-8896 (KY only); TTY 711