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LaRue among counties to receive housing funds

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Some of the funds come through NeighborWorks America

By The Staff

From the Kentucky Housing Corporation, Community Ventures Corporation has received $199,500 from the Affordable Housing Trust Fund and $500,000 from the HOME Investment Partnership. These funds will be used to construct or acquire and rehab seven units of affordable housing in 28 rural Kentucky counties including LaRue. Funding will used for acquisition and construction with a portion converted to permanent financing (down payment and closing cost assistance) for the homebuyer. Eligible homebuyers must have incomes at or below 80 percent average median income.


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