HOMEBUYING AND MORTGAGE FORECLOSURE
The Kentucky Housing Corporation
The Kentucky Housing Corporation (KHC) has a variety of programs available to
provide affordable housing information for home buyers, renters, housing producers and
providers of special needs housing.
KHC has also established a Center to serve as a
statewide counseling and information network for Kentucky households on the
brink of foreclosure.
Information About KHC
Kentucky Housing Corporation (KHC) is a self-supporting, public corporation created by
the 1972 General Assembly. With a mission to provide affordable housing opportunities,
KHC offers lower-than-market rate home mortgages, down payment assistance,
homeownership education/ counseling, housing production financing, rental assistance,
housing rehabilitation and supportive housing programs for homeless and special needs
Since 1972, Kentucky Housing Corporation has helped make homeownership possible
for more than 82,000 households. Annually, KHC serves approximately 24,000
Kentucky households with rental assistance and services approximately 33,400 loans.
Kentucky Housing Corporation works with many partners across the state, including
community organizations and developers, to create affordable housing opportunities. For
more information on KHC’s programs and services, visit:
call KHC customer care toll-free in KY at: (800) 633-8896 or (502) 563-7630
Assisting Kentuckians with Mortgage Foreclosure – The Kentucky Homeownership
The Kentucky Homeownership Protection Center is a state program designed to help
Kentucky households avoid foreclosure who are on the brink of losing their homes. The
Center created a network of counselors and agencies that are available to homeowners
either facing foreclosure or falling behind on their house payments. Homeowners are
advised to contact their loan service officer as quickly as possible then contact the Center
for help. When contacts are made earlier, there is a greater chance that families will be
able to keep their homes.
Contact the Center through its Web site:
or toll-free at (866) 830-7868.
Louisville, KY Foreclosure Prevention
Louisville Metro Government is partnering with Metro United Way, the Kentucky
Housing Corporation, Louisville Urban League and the Housing Partnership, Inc. to
connect consumers with resources, information and assistance to help prevent financial
problems and foreclosure.
Consumers living in Louisville can dial
Metro United Way’s help line to connect
For more information visit:
Article Announcing Kentucky’ Mortgage Aid Center on Harvard University’s
Government Innovators Network
The Government Innovator’s Network at Harvard University announced “Beshear
Launches Mortgage Aid Center.” The article discussed KHC’s Homeownership
Protection Center created by House Bill 522 which went into effect in July, 2008. To
read the article visit:
Joanne Bankston, Ph.D.
Kentucky State University
Cooperative Extension Program