Insika
Insika Atlas · Kentucky

Kentucky
9% LIHTC Atlas

The Kentucky 9% deal, from site to Form 8609: 12 milestones in order, each opening to its tasks, actions, proof packages and documents — what to do, why it matters, what proves it, and the rule it comes from.

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The Kentucky 9% Atlas: milestones in order, each with one line of executive truth and its guide
The Kentucky Atlas as a reader sees it: the milestones in order; each opens to its guide.
The pathway

12 milestones, from site to Form 8609.

Each milestone opens to its tasks, each task to its actions and the proof package it must produce. One line of each milestone's executive truth, as the edition reads today.

  1. Site Control & FeasibilitySite Control & Feasibility decides whether this Kentucky site can support the project the team intends to apply for.
  2. PredevelopmentPredevelopment is where Kentucky's design and financing teams commit to the same project before it reaches the application.
  3. Application Submission & ScoringApplication Submission & Scoring is where Kentucky's project becomes the application the agency will actually judge.
  4. Award & ReservationAward & Reservation is where Kentucky Housing Corporation's preliminary approval becomes a reservation the team can defend with completed conditions.
  5. Carryover Allocation & Ten Percent TestThis stage turns the credit reservation into a carryover file the construction financing team can rely on.
  6. Closing & Construction StartClosing & Construction Start turns Kentucky's reserved award into a funded transaction with permission to build.
  7. Construction ReportingConstruction Reporting keeps the built project and Kentucky Housing Corporation's construction record moving together.
  8. Placed in Service / Lease-UpKentucky's Placed in Service / Lease-Up stage brings construction completion and initial occupancy onto the same reliable record.
  9. Cost Certification, Form 8609 & Final AllocationThis stage turns completed development work into a final credit position Kentucky Housing Corporation can certify.
  10. Compliance Onset & First-Year CertificationThe first compliance year is where Kentucky's credit claim meets the households actually occupying the building.
  11. Compliance Operations CurrentCompliance Operations Current is the recurring test of whether the occupied Kentucky project can prove compliance today.
  12. Extended Use & DispositionThe original deal may be closed while its affordability commitment is still very much alive.
Inside the edition

The guide, the Gantt and the calendar.

01

The guide

Every milestone, task, action, proof package and document of the Kentucky 9% deal, written to be read, not recited — what this task validates, why it matters, where it sits, what “done” looks like, the watchouts, and the requirement it comes from.

02

The Gantt

The deal in time: how long the work takes, and which waits sit with the agency, the lender or the municipality, not with you. A gate closes every milestone, and the Gantt shows what the gate needs before it opens.

03

The calendar

Kentucky's clocks — what starts each one, how long it runs, the condition it depends on and where the rule is written. The ones that decide a round, a reservation, a carryover, a placed-in-service date.

Who it is for

Developers, consultants and counsel who are responsible for knowing what a Kentucky 9% deal requires, and for being right about it. If a new project manager could run your next application from it without asking you twice, it did its job.

An edition is one state and one program. It is read on the web, signed in; it is not a PDF. $500 a year per edition, renews until cancelled; your subscription carries every update.

When it is on sale

One email when the Kentucky edition goes on sale. California 9% is on sale now.

Want the deal run, not only mapped?

Insika LIHTC OS plans the work from the Atlas and keeps the status true.