Kentucky Housing Grants Resources
Kentucky is one of the four US states to be constituted as commonwealth. It is the 37th most extensive and 26th most populous state in US. As of July 2011, the United States Census Bureau estimates Kentucky population to be 4,369,356.
Kentucky is known for excellent farming conditions and has a total gross product of $163.3 billion last 2010. As of October 2010, total unemployment rate is 10%.
The state offers Kentucky housing grants for its residents with low to moderate income. This benefits both the state economy and the individuals or families who want to start to build their dreams.
List of Kentucky Housing Grants Resources
Kentucky’s Housing and Emergency Assistance Reaching the Homeless (KY HEARTH)
KY HEARTH program is a federal assistance that helps and prevents individuals and families from becoming homeless. They also re-house and stabilize homeless individuals or families.
Kentucky Housing Corporation (KHC) administers funding throughout Kentucky with exceptions in Lexington/Fayette County, Louisville/Jefferson County, and Covington.
KY HEARTH is not just an ordinary mortgage program. Individuals or families who meet the eligibility criteria will also receive utility assistance and other services as well.
Here are some of these Kentucky housing grants eligibility requirements:
- Household income is at or below 50% of the area median income.
- No appropriate housing options are available for the individual or family.
- No financial resources and support networks to obtain own housing is available for the individual or family.
Anne Colly Rose
Kentucky Housing Corporation
1231 Louisville Road
Frankfort, Kentucky 40601-6191
Toll-free: (800) 633-8896
Resources, Education, and Assistance for Community Housing (REACH)
REACH, Inc. is a private non-profit organization committed to make affordable housing for the low income members of the community.
Established in 1995, their vision is to help low to moderate income individuals and families to obtain affordable housing leading to becoming financially self-sufficient.
This Kentucky housing grant provides credit, budget, and home ownership education. They provide financial assistance with down payment and closing costs.
733 Red Mile
Lexington, Kentucky 40504-1153
Phone: (859) 455-8057
Habitat for Humanity
The concept for Habitat for Humanity was born at Koinonia Farm, which is a small interracial farming community. Founded in 1942, farmer and biblical scholar Clarence Jordan and others wanted to promote racial reconciliation.
The houses would be built at no profit and interest and would not be charged to loans. A revolving fund called “The Fund for Humanity” would finance the building costs.
This is not just a Kentucky housing grant. They are available in different parts of the world to service the needy.
Clarence Jordan believed that what the poor needs is a capital and not charity and what the rich needs is a wise, honorable, and just way of divesting themselves of overabundance.
Habitat for Humanity International transforms lives through provision of safe, decent, and affordable homes.
Habitat’s vision is a world where everyone has a decent place to live.
700 E Loudon Ave
Lexington, Kentucky 40505-3622
Phone: (859) 252-2224