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Documents Now Available for 2018 Housing Credit Funding Round
The  Multifamily Guidelines  and  scoring workbook  for the 2018 Housing Credit funding round are now available on Kentucky Housing Corporation's (KHC)  website,  under Development; Multifamily; Applications, Guidelines, and Scoring. In addition, the updated  market study requirements  and  summary information table are also available.  
 
Projects not selected for funding in the 2017 funding round that wish to resubmit in the 2018 round will be required to provide updates for some of the application attachments. For a full list of the documents that must be updated, please refer to the 2018 Funding Round Resubmission Requirements. Documents not on this list may be resubmitted from the previous round provided there have been no changes that would affect the document or its applicability to the 2018 funding round.
 
If you have questions, please contact Michele Huybers toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 331; TTY 711; or email  mhuybers@kyhousing.org.
HOME Commitment Deadlines are Close 
All HOME and AHTF single-family projects, which were funded February - April 2017, have commitment deadlines of Friday, June 30, 2017. All project set-ups should be submitted no later than Friday, June 23, 2017, to allow enough time for approval. 
CPD Income Calculator Updated with HOME and HTF FY 2017 Income Limits
The United States Department of Housing and Urban Development (HUD) has updated the  Community Planning and Development (CPD) Income Eligibility Calculator  to incorporate FY 2017 Income Limits for:
  • HOME Investment Partnerships Program (HOME)
  • Affordable Housing Trust Fund (AHTF)
All updated limits are effective as of June 15, 2017 and can be viewed on the  HUD Exchange .
 
How Does This Affect the Income Calculator?
 
All calculations that are currently in a user's dashboard in the  CPD Income Eligibility Calculator , as well as calculations completed going forward, will use the Fiscal Year 2017 income limits for the purposes of determining eligibility.
 
Although your data and calculations are accessible within the CPD Income Eligibility Calculator for 13 months, this tool is designed to allow you to more easily update a beneficiary's income in the future; however, it is not a repository of income calculations completed in the past.
 
Only calculations that had been downloaded from the calculator and saved to a user's hard drive (or printed off) prior to today used the previous year's income limits data for calculating a beneficiary's income eligibility.
 
Please direct any comments or questions to info@hudexchange.info .
WAP Year-End Closeout Deadlines  
Weatherization Assistance Program (WAP) sub-grantees are required to meet the following deadlines for the end-of-year draw closeout and budget modification requests.   

702 Deadline 
4th Quarter Budget Modification Form (BMF) Deadline 
DOE and LIHEAP May 702:  Thursday, June 15 at 8 a.m.  Wednesday, June 7 at 8 a.m. 
(BMF Affecting May DOE and/or LIHEAP 702)
 
LIHEAP June 702: 
Thursday, July 6 at 8 a.m.  
 
Thursday, June 22 at 8 a.m. 
(BMF Affecting June LIHEAP 702)
DOE June 702: 
Thursday, July 27 at 8 a.m.
 
Thursday, July 13 at 8 a.m. 
(BMF Affecting June DOE 702)

If you have any questions, please email Wxinvoice@kyhousing.org. 
GreenHouse17 Ribbon Cutting
After a three year process, partners and residents gathered to celebrate the Kentucky Coalition Against Domestic Violence (KCADV) Homes Lexington ribbon-cutting ceremony on June 13, 2017. A total of 24 units, 12 beautiful cottages on the working farm and 12 apartments in downtown Lexington, provide safety and affordable housing for survivors of intimate partner abuse.

Ribbon Cutting for GreenHouse17 - June 13, 2017
Click to Enlarge
Jeremy Ratliff, Managing Director of Multifamily Programs and Asset Management, represented KHC during the event to express the importance of this development. KHC allocated $338,332 in Housing Credits, which will be leveraged into over $3 million in equity from National Equity Fund. KHC also contributed $248,600 from the Affordable Housing Trust Fund.  

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