Lowest interest rates ever offered through KHC

FRANKFORT, KY – January 4, 2012 – (RealEstateRama) –  Gov. Steve Beshear today announced that the Kentucky Housing Corporation (KHC), the state housing finance agency, is offering the lowest rates in its 40-year history.

“With rates this low and down payment and closing costs assistance, Kentuckians who thought they would not be able to own a home now have an opportunity,” said Gov. Beshear. “I encourage potential homeowners to contact KHC to learn more about this unique financing opportunity. These low rates will not last.” more »

Lexington, KY – December 14, 2011 – (RealEstateRama) — CBRE Capital Markets arranged an $18.5 million loan via Freddie Mac for the purpose of taking out bank construction financing on Red Mile Village, a 537-bedroom Class A student housing property near the University of Kentucky in Lexington, Kentucky. The 10-year fixed rate loan was arranged on behalf of RCH Development, Inc. based in Jackson, Missouri. Terms of the loan include a sub-5% interest rate, 75% loan- to-value and a 1.35x DSCR. more »

FRANKFORT, KY – October 12, 2011 – (RealEstateRama) — The State Property and Buildings Commission (SPBC) will hold a meeting on Thursday, Oct. 13, 2011 at 2 p.m. in Room 182 of the Capitol Annex, Frankfort, Kentucky. more »

FRANKFORT, KY – October 6, 2011 – (RealEstateRama) — The Kentucky Department for Environmental Protection announced that the U.S. Environmental Protection Agency (EPA) has awarded four brownfield grants to Kentucky totaling $800,000 to fund the assessment and cleanup of properties with environmental problems. Brownfields are properties that are abandoned or underutilized due to real or perceived environmental contamination. They can include old factories, former gas stations, mine-scarred lands and abandoned dry cleaning establishments. more »

FRANKFORT, KY – October 4, 2011 – (RealEstateRama) — The Department of Financial Institutions (DFI) urges consumers to take time during Financial Planning Week, Oct. 3-9, 2011, to re-evaluate personal goals and the financial paths to achieve them. more »

September 19, 2011 – (RealEstateRama) — The Kentucky Commission on Human Rights Board of Commissioners recently ruled on discrimination complaints that included a $42,000 conciliation agreement resulting from a housing discrimination complaint brought by the Lexington Fair Housing Council: more »

FRANKFORT, KY – July 12, 2011 – (RealEstateRama) — The State Property and Buildings Commission (SPBC) will hold a meeting on Wednesday, July 13, 2011 at 11 a.m. in Room 182 of the Capitol Annex, Frankfort, Ky. more »

FRANKFORT, KY – July 6, 2011 – (RealEstateRama) — The Kentucky Department of Revenue has set the 2011 State Real Property Tax Rate at 12.2 cents per $100 of assessed value – the same rate as last year.  Kentucky Revised Statute 132.020 requires the Department of Revenue to set the real property rate no later than July 1 of each year. more »

June 23, 2011 – (RealEstateRama) — The Kentucky Housing Corporation Board of Directors will meet Thursday, June 23, 2011, 10 a.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky.  A copy of the agenda for the meeting accompanies this notice. more »

Reducing property inventory is a part of ‘Smart Government Initiative’ to save tax dollars

FRANKFORT, KY – June 16, 2011 – (RealEstateRama) — Governor Steve Beshear today announced that during his administration the Commonwealth has generated $7.45 million in revenue by selling surplus state-owned real estate – evidence of further efficiency successes resulting from his ongoing Smart Government Initiative (SGI). more »

FRANKFORT, KY – June 14, 2011 – (RealEstateRama) — The State Property and Buildings Commission (SPBC) will hold a meeting on Tuesday, June 14, 2011 at 1 p.m. in Room 182 of the Capitol Annex, Frankfort, Ky. more »

June 9, 2011 – (RealEstateRama) — The Kentucky Housing Corporation Finance Committee of the Board of Directors will meet Tuesday, June 7, 2011, 1 p.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky. A copy of the agenda for the meeting accompanies this notice. more »

EUGENE, OR – June 1, 2011 – (RealEstateRama) — IDX, Inc. is pleased to announce Nick Ratliff, real estate broker from the Cypress Residential Group, has enabled an IDX solution on his Lexington, Kentucky online realty resource. Simplifying the online property search, Ratliff now displays thousands of area listings directly on his professional page. His membership with the Lexington Bluegrass MLS (LBAR), allows him to seamlessly integrate area property listings into his search function, giving home seekers more access than ever before to detailed home listings and real estate information. IDX Broker software has truly revolutionized the way potential Lexington buyers find homes online. more »

Washington, D.C. – May 20, 2011 – (RealEstateRama) — Congressman Brett Guthrie (KY-02) announced Friday, May 20, 2011, that homeowners, renters and businesses in Hardin County who suffered damages in the severe storms, tornadoes and flooding on April 22, 2011, and continuing, can now begin the process of applying for federal and Commonwealth disaster assistance. more »

OWENSBORO, KY – May 18, 2011 – (RealEstateRama) — Governor Steve Beshear today presented funding for energy efficiency updates and state homeland security grants in Daviess County.

A $58,800 Energy Efficiency and Conservation Block Grant (EECBG) is funding energy efficient updates to the Daviess County Courthouse, and a $75,600 EECBG is supporting retrofits at the Green River Area Development District (GRADD) building in Owensboro. more »