Low Income Housing Tax Credits & Rural Housing in Kentucky, 2019-2020

The Kentucky 2019-2020 Qualified Allocation Plan has a set aside, and allocates points for rural projects. 

In Kentucky Housing Corporations 2019-2020 Final Qualified Allocation Plan (QAP), the $10.3 million total available housing credit is designated to be distributed along certain set asides according to the following chart, which includes a breakdown of the rural set aside.

Points: Projects without Rental Assistance. Projects without rental assistance located in a Shaping Our Appalachian Region (SOAR) county will receive a maximum of 3 points if Existing Supply/Preservation project, and 10 points for new construction.