Kentucky Homeowner Assistance Fund Announced

Kentuckians suffering financial hardships due to COVID-19 can apply for up to $35,000 in assistance to help with delinquent mortgage payments, property taxes, homeowner’s insurance, flood insurance, homeowners’ association fees, and utility costs.

On Monday, Governor Andy Beshear and the Kentucky Housing Corporation (KHC) announced the Team Kentucky Homeowner Assistance Fund. The program will use $85.4 million in federal American Rescue Plan Act (ARPA) funds.

KHC worked with the U.S. Department of the Treasury to create the program.

Each applicant will get a housing counselor to walk the homeowner through the application process. Requirements include:

  • Documentation of financial hardship after January 21, 2020, due to COVID-19;
  • The residence must be the principal residence of the applicant(s), and they must have lived there at the time of the hardship; and
  • An applicant must have an income at or below 150% of the area median income found at the fund’s website.

Click here to learn more and apply.

Governor Beshear also announced that while COVID-19 cases continue declining, deaths remain high. He reported 3,835 new cases and 29 deaths in Kentucky. The state’s case positivity rate dropped 10 points from two weeks ago to 23.51%, and 2,124 Kentuckians remain hospitalized — 414 in intensive care units (ICUs) and 207 on a ventilator.

Beshear urged anyone planning a Super Bowl party this weekend to require guests to be vaccinated and boosted and to get tested as close to the event as possible. He told those who feel ill to avoid gatherings.