Partners > Partners > Affordable Housing Trust Fund (AHTF)

​​​​​​The AHTF was established in 1992 by the Kentucky General Assembly to address 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 or 60 percent of Kentucky's State Median Family Income, with a preference to help persons at or below 30 percent of the area median income.

  • For AHTF Income Limits, cli​ck here​.
  • For the Affordable Housing Trust Fund Advisory Committee charter, click here


Eligible Activities

  • Matching funds for non-KHC federal housing dollars requiring a state or local match.
  • Acquisition with rehabilitation or new construction of very low-income housing units.

Multifamily developments assisted with AHTF funds are deed restricted for 30 years to ensure the continued affordability of the units.

Who Can Apply

Nonprofit organizations are eligible to apply for funding from the AHTF for multifamily developments.


Eligible Activities

  • Acquisition
  • Acquisition with Rehabilitation
  • New construction

Who Can Apply

Organizations eligible for funding from the AHTF include local governments, local government housing authorities, nonprofit organizations, and regional or statewide housing assistance organizations.

Allowed Costs

  • Matching funds for non-KHC federal housing dollars requiring a state or local match.
  • Construction, rehabilitation, or acquisition of very low-income rental housing units.
  • Permanent financing.
  • Down payment and closing costs.
  • Site development.
  • Rehabilitation (homeowner).
  • Construction financing.

The affordability period for homeownership projects is five years.

For more information, please read the AHTF b​rochure.​

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© Kentucky Housing Corporation
For more information, please contact:

Kentucky Housing Corporation
1231 Louisville Road, Frankfort, KY 40601
502-564-7630; 800-633-8896 (KY only); TTY 711
Equal Housing Provider