| 1972 |
Kentucky Housing Corporation created as state housing finance agency by General Assembly under Mae Street Kidd Act with $150,000 appropriation. |
| 1973 |
First bond issue originated totaling $51.2 million.
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| 1975 |
First allocation of $1.9 million received from U.S. Department of Housing and Urban Development (HUD) for 623 Section 8 New Construction units. |
| 1976 |
In-house mortgage loan underwriting and Kentucky Appalachian Housing Programs established. |
| 1978 |
Debt ceiling raised by General Assembly from $400 million to $700 million. Initial $150,000 appropriation repaid to General Assembly which was not required. More Section 8 units constructed than any state housing finance agency (HFA) in nation. |
| 1979 |
Wheelwright, abandoned coal company town in eastern Kentucky, purchased by Kentucky Housing to rehab and resell housing to its residents. |
| 1982 |
Debt ceiling raised by General Assembly to $1.125 billion. |
| 1984 |
First Governor’s Housing Conference held. Grants to the Elderly for Energy Repairs and Training for Affordable Construction Programs developed.
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| 1985 |
Senior and Special Needs Housing Program, Homeownership Trust Fund for 1-6 percent loans and Kentucky Indoor Plumbing Program created. Property at 1225 and 1231 Louisville Road in Frankfort purchased to construct new office building.
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| 1987 |
The Housing Foundation, a 501(c)3 nonprofit, established to attract charitable contributions for affordable housing. Governor appointed Corporation to administer federal Low Income Housing Tax Credit Program. |
| 1989 |
Assets reached $1 billion. In-house Loan Servicing program created. |
| 1990 |
Recognition received as one of top four state HFAs in nation for serving low average income and low purchase prices. Yes You Can (homeownership education course) and Rental Deposits Surety Programs developed. |
| 1991 |
AAA rating received from Standard & Poor’s (first state HFA to do so). Began administering Family Self-Sufficiency Program.
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| 1992 |
Affordable Housing Trust Fund (AHTF) established by General Assembly without designated permanent funding source to serve state’s lowest income with critical housing needs. |
| 1993 |
Began administering all federal McKinney Act homeless funding programs. First state HFA to receive double triple A bond ratings from Moody’s and Standard & Poor’s. |
| 1994 |
Named Public Housing Agency of Year by HUD for Section 8 Program administration. $400,000 grant received from HUD for HOPE Program.
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| 1996 |
Housing Policy Advisory Committee created by General Assembly to establish state policy on housing issues. Yes You Can, Family Self-Sufficiency and innovative media programs awarded by National Council of State Housing Agencies (NCSHA). |
| 1997 |
Major contributor to Jimmy Carter Work Project, Hammering in the Hills, with Habitat for Humanity in eastern Kentucky including sponsorship of two house builds.
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| 1998 |
Housing assistance provided to 253 households rendered homeless by 1997 flood; flood relief program commended by federal government and used as model by other states. Allocation of unclaimed lottery winnings in excess of $6 million annually received by General Assembly for AHTF for next biennium. |
| 1999 |
HUD grant of $290,281 received to expand homeownership education and counseling programs. Unclaimed lottery winnings for AHTF totaled $5.8 million. |
| 2000 |
Renaissance Kentucky program received Blue Ribbon Best Practices Award from HUD. Debt ceiling raised by General Assembly to $2.5 billion and received continuance of allocation of unclaimed lottery winnings for AHTF for two more years. |
| 2001 |
Morehead State University contracted to conduct statewide homeless study. University of Louisville contracted to conduct statewide housing needs assessment. Universal design policy adopted by Board of Directors to require building concepts that support minimal alteration to accommodate changing needs of current and future residents. First Appalachian Housing Summit hosted by Kentucky Housing in Prestonsburg. |
| 2002 |
One of eight state HFAs selected to participate in National Homeless Policy Academy by HUD and U.S. Department of Health and Human Services. Federal income guidelines adopted by General Assembly for use in qualifying home buyers rather than lower state income guidelines. Maximum home purchase price raised by Board of Directors from $99,000 to $144,000. Recognition received from National Trust for Historic Preservation for Renaissance Kentucky and from NCSHA for outstanding human resources management innovation. |
| 2003 |
AHTF received $6.2 million designated by General Assembly following discontinuance of lottery appropriation. Grant for $454,280 received from Corporation for Supportive Housing to integrate state systems, help establish 532 units of supportive housing and increase awareness of need for supportive housing. |
| 2004 |
Regional offices established to streamline rental assistance processes. Renaissance Kentucky program named Hodgenville as 100th participating community. Recognition received from NCSHA for HouseWorks program. |
| 2005 |
Recovery Kentucky program launched to reduce chronic homelessness for drug and alcohol addicted Kentuckians. Housing Choice Voucher to Homeownership program started for Section 8 rental assistance participants. Statewide Don’t Borrow Trouble task force established to raise awareness of predatory lending. |
| 2006 |
Kentucky’s Ten-Year Plan to End Chronic Homelessness unveiled by governor. Legislation establishing permanent funding source for AHTF passed by General Assembly. Katrina victims helped with housing assistance. Homeownership production record broken with over $500 million in more than 5,000 home loans. Maximum home purchase price raised to $200,000 with income level up to $90,440. Ground broken for seven Recovery Kentucky centers. Supportive housing provided to 776 individuals (victims of domestic violence, persons with mental illness and homeless families) through new Safe Havens program designed to help end chronic homelessness.
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