Multifamily Development

Constructing Stronger Communities

Properties and partnerships creating afforable housing across Kentucky. 

The Housing Partnership, Inc. (HPI) has over 30 years of experience developing affordable multifamily housing to encourage family stability, support communities, and empower local economies. Our team maintains a steady production pipeline for multifamily development to provide housing opportunities to low-income seniors and families. The scope of HPI’s multifamily work includes planned communities, adaptive reuse, disaster relief housing, and multifamily residential.

HPI collaborates with community stakeholders and partner organizations to identify solutions for every type of project. Our development team’s innovative approach made us the first Kentucky nonprofit to be awarded Capital Magnet Funds for our multifamily work. Another project received 9% LIHTC’s through the rural Innovative Pool to create the first KHC funded modular multifamily development. This resourcefulness is part of what makes HPI the largest nonprofit affordable housing development organization in the state of Kentucky.

For more information about HPI Multifamily Developement, contact Andrew Hawes, CEO and President email link to: ahawes@wearehpi.org.

Innovation drives outcomes.

As a nonprofit focused on adaptation and innovation, the future of our program is very bright. HPI has a proven development track record:

27 projects Developed

1,500 units of affordable housing Created

$154,000,000 invested

in HPI’s affordable multifamily housing development

Recent HPI Developments

Gateway on Broadway (in progress)

Partner: N/A

Project Type: Historic Adaptive Re-Use, Tax Exempt Bonds

Total Development Cost: $47,255,658

Total Units: 116

Zion II

Partner: Zion Community Development Corporation (Zion CDC)

Project Type: New Construction, LIHTC

Total Development Cost: $7,056,107

Total Units: 34

York Towers

Partner: N/A

Project Type: Acquisition / Rehab, Tax Exempt Bonds

Total Development Cost: $8,031,510

Total Units: 89

Middletown Apartments

Partner: N/A

Project Type: New Construction, LIHTC

Total Development Cost: $16,253,611

Total Units: 80