About Us

Mission Statement

KRFDC improves its communities by assisting low-income families and individuals to achieve self-sufficiency by providing direct services and working with partnering organizations to develop additional resources to reduce poverty and create opportunities for those in need.

Vision Statement

In a truly strong community, no family is expendable. KRFDC believes that communities must work together – in partnership – to enable all persons to live with dignity, responsibility and opportunity. To support this vision, KRFDC offers a myriad of services that promote stability and independence throughout the life cycle. KRFDC is Social Service Agency, providing services focused on improving individual’s general well-being.

Annual Report of Services

This report aims to provide our partners, donors, and interested individuals with insights into the organization’s initiatives and financial performance over the past year.  Read through these pages and learn how KRFDC truly makes a difference by helping people and changing lives.

Annual Report 2023-2024

Financial Audit

Ensuring transparency in our financial operations is a fundamental commitment of our executive staff at KRFDC. In alignment with federal funding requirements, our agency undergoes an annual financial audit conducted by an external CPA firm. This audit serves as a comprehensive review of our financial condition and operations, providing valuable insights into our commitment to accountability and sound financial practices.

KRFDC 2023-24 Audit Report

Our Strategic Plan is our compass, directing all organizational service efforts to achieve tangible and meaningful outcomes in the lives of families and individuals. While our vision includes providing safety nets for crisis intervention and emergency services, we are equally committed to offering a diverse range of services. These services aim to identify barriers, teach effective ways to overcome negative factors, and shift focus on new opportunities.

Comprising five goals and strategies, our Strategic Plan is designed to make a positive impact on people’s lives. We prioritize objectives that respond to the needs of those in our target area. Derived from extensive research, client needs assessment surveys, and key informant interviews, this plan reflects our dedication to understanding and addressing community needs. However, recognizing the dynamic nature of circumstances and funding availability, we review and update this plan annually to ensure its relevance and effectiveness.

2024-2026 Strategic Plan Goals 

Empowering Employment and Self-Sufficiency

• Goal 1: Increase access to employment, health care, and community/civic engagement through the reduction of individual and family barriers.

Promoting Community Health and Health Education

• Goal 2: Increase community health outcomes and health education awareness for individuals and families.

Combatting Homelessness and Fostering Safe and Affordable Housing

• Goal 3: Increase access for low-income individuals and families to obtain stable, safe, and affordable housing.

Addressing the Opioid Epidemic and Substance Use Disorders

• Goal 4: Respond to the opioid epidemic and increase the availability of supportive services to individuals and families impacted by substance use disorders.

Strengthening Agency Capabilities to Fulfill the Mission

• Goal 5: Build Agency capacity through communications, technology, fund development, and Strategic Human Resources Management to realize the mission of KRFDC.

The proposed budget for expenditures in Fiscal Year 2023-2024 at KRFDC is $18,551,614.

Personnel: $10,129,667
Travel: $107,450
Supplies, maintenance, office: $467,602
Utilities, phone, rent: $407,272
Equipment: $0
Interest expense: $40,274
Professional cost and contracts: $400,124
Services and assistance: $4,188,448
Depreciation: $695,000
Construction-Equipment: $442,000
Other: $1,514,446

Total Expenses: $18,392,283

Total Surplus: $159,331

NOTICE OF INTENT TO REQUEST RELEASE OF FUNDS

February 4, 2025

Kentucky Housing Corporation
1231 Louisville Road
Frankfort, KY 40601
502-564-7630

On or about February 12, 2025 the Kentucky Housing Corporation will submit a request to the United States Department for Housing and Urban Development (HUD) for the release of HOME Investment Partnerships Program (HOME) funds under title II of the Cranston-Gonzalez National Affordable Housing Act, as amended (42 U.S.C.12721 et seq.), to undertake a project with the Kentucky River Foothills Development Corporation to acquire land and to construct an approximately one story, three bedroom, two bathroom, 1.150 square foot single-family detached home for sale to a low-income homebuyer on a 1 acre site already connected to utilities on Red Lick Road in Irvine, Estill County, Kentucky. The total development cost is estimated to be approximately $290,000. with $110,000. in HOME funds and $180.000. in USDA Rural Development funds.

The activities proposed are categorically excluded under HUD regulations at 24 CFR Part 58 from National Environmental Policy Act (NEPA) requirements. An Environmental Review Record (ERR) that documents the environmental determinations for this project is on file at the Kentucky Housing Corporation, 1231 Louisville Road, Frankfort, KY 40601 and may be examined or copied weekdays from 8 a.m. to 4 p.m. You can also view them online at https://cpd.hud.gov/cpd-public/environmental-reviews.

PUBLIC COMMENTS

Any individual, group, or agency may submit written comments on the ERR to Winston Miller, Executive Director, Kentucky Housing Corporation, 1231 Louisville Road, Frankfort, KY 40601. Comments may also be submitted via email to [email protected]. All comments received by February 11, 2025, will be considered by the Kentucky Housing Corporation prior to authorizing submission of a request for release of funds.

ENVIRONMENTAL CERTIFICATION

The Kentucky Housing Corporation certifies to HUD that Winston Miller in his capacity as Executive Director consents to accept the jurisdiction of the Federal Courts if an action is brought to enforce responsibilities in relation to the environmental review process and that these responsibilities have been satisfied. HUD’ss approval of the certification satisfies its responsibilities under NEPA and related laws and authorities and allows KHC to use Program funds.

OBJECTIONS TO RELEASE OF FUNDS

HUD will accept objections to its release of funds and the Kentucky Housing Corporation’s certification for a period of fifteen days following the anticipated submission date or its actual receipt of the request (whichever is later) only if they are on one of the following bases: (a) the certification was not executed by the Certifying Officer of the Kentucky Housing Corporation; (b) the Kentucky Housing Corporation has omitted a step or failed to make a decision or finding required by HUD regulations at 24 CFR part 58; (c) the grant recipient or other participants in the development process have committed funds, incurred costs or undertaken activities not authorized by 24 CFR Part 58 before approval of a release of funds by HUD; or (d) another Federal agency acting pursuant to 40 CFR Part 1504 has submitted a written finding that the project is unsatisfactory from the standpoint of environmental quality. Objections must be prepared and submitted in accordance with the required procedures (24 CFR Part 58, Sec. 58.76) and shall be addressed to the U.S. Department of HUD; Office of Public and Indian Housing; 601 W. Broadway; Ste. 110; Louisville, KY 40202. Potential objectors should contact HUD to verify the actual last day of the objection period.

Winston Miller, Executive Director, Kentucky Housing Corporation