Kentucky Housing Corporation (KHC) prefers to form partnerships with organizations that have multiple sources of funding in the project.  Affordable Housing Trust Fund (AHTF) monies are highly requested by non-profit agencies throughout the state, so we prefer to award the AHTF funds as part grant and part loan.  In addition, AHTF funds are used as "gap financing" and therefore KHC would not be able to fund 100% of the entire project from these funds.  The homeowners usually have a monthly mortgage payment that is used to pay one or more source of funding the permanent financing of their mortgage.  Feel free to contact Marilyn Stober Harris toll free at 800-633-8896, extension 253 if you need direct assistance. 

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