The 2021 Low Income Housing Tax Credit (LIHTC) application deadline closed on February 7, 2020. KHRC received 26 applications for a total of $13.9 million in LIHTC funding requested.
Some applications also included requests for Housing Trust Fund (HTF) and HOME Rental Development funding. KHRC received requests for almost $9 million in HTF funds, with approximately $2.44 million available. HOME funds requested totaled nearly $4.3 million, with up to $3 million available. KHRC reserves the right to adjust requested HOME and HTF subsidy amounts based on available funding, evaluation of the subsidy amount needed for a project to be viable, and our assessment of best mix of funding sources.
Review application details at the link below. Funding decisions will be announced by May 15, 2020. To learn more about KHRC’s funding criteria, review the Low Income Housing Tax Credit, Housing Trust Fund, and HOME Rental Development program pages.