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2. Homicides down, housing investment up, more updates in ... - AOL

   www.aol.com/homicides-down-housing-investment...

   LDG Development held a ribbon cutting Tuesday, June 20, 2023, to officially open its 201-unit affordable housing complex off Russell Cave Road in Lexington, Ky., A new city hall, business park and ...

3. Lexington opens affordable housing units, with more expected ...

   www.aol.com/lexington-opens-affordable-housing...

   With its latest ribbon-cutting, Lexington has now opened more than 400 affordable housing units so far this year. Gleanings Housing Inc., a local affordable housing non-profit, cut the ribbon on a ...

4. Report: Lexington needs 17,000 more affordable housing units ...

   www.aol.com/news/report-lexington-needs-17-000...

   In all, Lexington needs more than 22,549 additional housing units to meet housing demand. The vast majority—17, 005 — needs to be affordable units. Because of the shortage, Lexington rents ...

5. Kentucky Housing Corporation - Wikipedia

   en.wikipedia.org/wiki/Kentucky_Housing_Corporation

   Kentucky Housing Corporation was created in 1972 as a state housing finance agency by the General Assembly under the Mae Street Kidd Act with a $150,000 appropriation. In 1973, KHC originated its first bond issue totaling $51.2 million and received its first allocation from the United States Department of Housing and Urban Development (HUD) for 623 Section 8 New Construction units totaling $1. ...

6. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

7. Will an overhaul of Lexington’s zoning create more affordable ...

   www.aol.com/overhaul-lexington-zoning-create...

   Proponents of an overhaul of Lexington’s zoning ordinances say the changes would allow for different types of housing and neighborhood businesses that were once found in many older, Lexington ...