Kentucky Housing Honors Achievements in Affordable Housing

Awards honoring excellence in affordable housing were presented at the 2013 Kentucky Affordable Housing Conference in Lexington, which was held October 9-10.

Kentucky Housing Corporation (KHC), the conference host and state housing finance agency, sponsored the awards to honor builders, nonprofit organizations, and others who have made outstanding contributions to the state’s affordable housing industry in the last year.

“Without all our partners, we at Kentucky Housing Corporation could not achieve so much for the people of Kentucky,” said KHC’s Chief Executive Officer Richard L. McQuady. “So many Kentuckians are in need of help, and all of us at KHC are proud to be part of the solution to strengthen communities and housing options in Kentucky.”

AU Associates received the 2013 For-Profit Affordable Housing Builder Award. AU Associates was founded in 1990, and has been on the forefront of preserving some of Kentucky’s most historic vacant school buildings, while providing mixed-income and affordable housing for low-income seniors and families. Through its preservation, adaptive reuse, and new construction efforts, AU Associates created over 450 units of affordable rental housing totaling over $75 million in both rural and urban infill settings. AU Associates continues this legacy with the Jenkins High school project in Jenkins County, which will create 26 units, as well as the Jackson Post/Federal Place Apartments, will create 14 units. Please note, the Jackson Post/Federal Place Apartments will have an opening ceremony on Tuesday, October 15, 2013, and the press and public are invited to attend.

The above was excerpted from an article published October 9th, 2013 on the Kentucky Housing Corporation’s website. View original article.