Kentucky Housing Corporations Begins Accepting Applications for 2004 LIHTC Pool

Wednesday, October 15, 2003 - 1:45AM

The Kentucky Housing Corporation (KHC) today began accepting pre-applications and applications for the 2004 low-income housing tax credit (LIHTC) open window pool. All successful applicants whose projects are awarded 2004 LIHTCs must comply with the 2004 qualified allocation plan, which KHC expects to have finalized early next month. Of the $3 million available in the open window pool, approximately $1.8 million will be used for projects that obtain permanent financing through KHC’s Center for Affordable Housing Finance. The remaining approximately $1.2 million will be used in projects that are financed only with LIHTCs and that can be identified as rural projects or preservation projects.

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