FRANKFORT, Ky. (Oct. 23, 2023) – Governor Beshear has announced the first round of Rural Housing Trust Fund (RHTF) Awards, which will build 115 new homes in disaster-impacted counties and repair 45 homes for disaster survivors in Eastern and Western Kentucky.
The $13.5 million was awarded to nine nonprofit housing agencies that are helping Kentuckians recover from the 2021 tornadoes that struck Western Kentucky and the 2022 flooding that impacted Eastern Kentucky.
This is the first round of rebuilding efforts from the fund. The RHTF was created in March 2023 when the Governor and lawmakers agreed during the last legislative session to allocate $20 million in State Aid Funding for Emergencies to aid disaster-impacted communities to help rebuild and repair homes.
This round of funding focuses on home repair, recovery and reconstruction to help existing owners impacted by disasters, and single-family homebuyer development to bring new homes to disaster-impacted markets.
Soon, KHC will release another notice of funds available to focus on rebuilding apartments in Western Kentucky.
