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University of Kentucky Employer Assisted Housing Program

Administered by: University of Kentucky Human Resources · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $15,000 (5% of home purchase price) (Forgivable Loan)

Forgivable over program term. Specific forgiveness period varies.

Eligibility

  • Income limits: Must be a regular full-time UK faculty (instructor rank or above) or staff (grade 46 or below).
  • First-time buyer required: No
  • Geographic restrictions: Must purchase in designated neighborhoods near the University of Kentucky campus in Lexington.
  • Homebuyer education required: Yes

How to Apply for University of Kentucky Employer Assisted Housing Program

Step 1: Apply through University of Kentucky Human Resources after completing 90-day orientation period. Must complete a homeowners education program.

Notes

Available only to UK employees. Funds can be used for down payment, closing costs, or rehabilitation/renovation assistance on homes in designated neighborhoods.

Cities Where This Program Is Available