HPI completed recently completed the 24-unit KCADV Homes Lexington development. This development will provide housing for survivors of domestic violence. The development is a collaboration between HPI, the Kentucky Coalition Against Domestic Violence (KCADV), and GreenHouse17, an advocacy agency committed to ending intimate partner abuse.
KCADV Homes Lexington includes 12 new construction apartments on the campus of GreenHouse17 and 12 rehabilitated apartments closer to Lexington’s central business district. All of the apartments serve families who have been harmed by domestic violence and who are participating in GreenHouse17’s programs. The apartments include high-efficiency HVAC equipment and EnergySTAR appliances to help families reduce utility costs, as well as modern amenities like dishwashers and washers/dryers to make family life easier.
Funding for the $4.6 million development came through investor equity from the sale of Low-Income Housing Tax Credits, the Lexington-Fayette Urban County Government Affordable Housing Trust Fund and HOME programs, and Kentucky Housing Corporation’s Affordable Housing Trust Fund. The Lexington Housing Authority provides GreenHouse17 with an annual block grant to help subsidize rents for the survivors, who pay no more than 30% of their income on rent.
|Partner||Kentucky Coalition Against Domestic Violence (KCADV) and GreenHouse17|
|Total Development Costs||$4,684,938|
|Total Units||12 new apartments and 12 rehabilitated apartments|