In This Issue
HEROS Frequently Asked Questions Webinar
2021 Tax-Exempt Bond Application
Quick Links
Like us on Facebook Follow us on Twitter View our profile on LinkedIn View our videos on YouTube  Visit our blog
HEROS Frequently Asked Questions Webinar
The U.S. Department of Housing and Urban Development (HUD) Office of Environment and Energy is hosting a webinar that quizzes participants on frequently asked questions regarding the HUD Environmental Review Online System (HEROS) that users have submitted through the HUD Exchange Ask A Question portal, field offices, and other various outlets. The session will also review the steps for obtaining HEROS user access, how to coordinate environmental reviews with partner users, and best practices to avoid and troubleshoot known issues and errors in HEROS. Register today! 
 
Date: Thursday, August 6, 2020
Time: 1 p.m. ET 
 
Note: This webinar is not a basic training on how to use HEROS. This information is currently available in pre-recorded short video clips on the HEROS webpage on the HUD Exchange. 
 
Participants will learn how to:
  • Understand how to properly submit a request for HEROS access
  • Coordinate environmental reviews with third-party partners
  • Troubleshoot common issues that can cause problems in HEROS

Registration Information
You must have a HUD Exchange account to register. For complete instructions for registering, please visit the HUD Exchange website.  
2021 Tax-Exempt Bond Application
Kentucky Housing Corporation (KHC) will open the Universal Funding Application (UFA) for multifamily developments utilizing Tax-Exempt Bonds (TEB) and 4% Low-Income Housing Tax Credits (no KHC gap funds) on Monday, August 3, 2020. This is an open window application with no specific submission deadline; however, please note that a pre-application is required, and if approved, the applicant will complete the full application and follow the same timeline as other KHC-financed projects, as outlined in the 2021 Multifamily Guidelines.  

If you currently have a 2020 TEB pre-application started in UFA, this application must be submitted by Friday, July 31, 2020. If it is not submitted by this date, a new pre-application will need to be started using the 2021 TEB application.

The underwriting model to be used with the 2021 TEB open window applications is located on KHC's website under Development, Multifamily, Underwriting Resources.
 
If you have any questions, please contact Shawn Dyer or Diane Beidleman toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 762 or 368 respectively; TTY 711; or email sdyer@kyhousing.org or dbeidleman@kyhousing.org, respectively. 
DO NOT REPLY-This is an unmonitored email address. 
 
 
If you are already subscribed to KHC eGrams and need to update your preferences, please click on the "Update Profile" link at the bottom of every eGram.

To sign up for an eGram list, please visit  KHC's website and click on the eGram icon under Quick Links, or click on the "envelope" at the top of each page on KHC's website.