Properties and partnerships creating affordable housing across Kentucky.
For more than 30 years, HPI has developed affordable multifamily housing that supports family stability, strengthens neighborhoods, and expands access to safe, dignified homes across Kentucky. Our work includes housing for low‑income seniors and families, with developments ranging from planned communities and adaptive reuse projects to disaster‑relief housing and new multifamily construction.
We believe every community deserves housing that is thoughtfully designed, financially sustainable, and rooted in local needs. That’s why we partner closely with residents, community leaders, and mission‑aligned organizations to find the right solution for each project.
HPI has a long history of bringing creative solutions to housing challenges. We were the first Kentucky nonprofit to receive Capital Magnet Funds for multifamily development, and one of our recent projects used 9% LIHTCs through the rural Innovative Pool to create the state’s first KHC‑funded modular multifamily development. This kind of resourcefulness is part of what makes HPI the largest nonprofit affordable housing developer in Kentucky.
in HPI’s affordable multifamily housing development
Partner: N/A
Project Type: Historic Adaptive Re-Use, Tax Exempt Bonds
Total Development Cost: $47,255,658
Total Units: 116
Partner: Zion Community Development Corporation (Zion CDC)
Project Type: New Construction, LIHTC
Total Development Cost: $7,056,107
Total Units: 34
Partner: N/A
Project Type: Acquisition / Rehab, Tax Exempt Bonds
Total Development Cost: $8,031,510
Total Units: 89
Partner: N/A
Project Type: New Construction, LIHTC
Total Development Cost: $16,253,611
Total Units: 80
Our development team brings deep experience in planning, financing, construction, and community engagement. Whether you’re exploring a new multifamily concept or reimagining an existing property, we can help turn a vision into housing that truly serves people.