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Beshear announces plan to build nearly 1,000 affordable rental units [Video]

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Christian Business

FRANKFORT, Ky. (LEX 18) — Gov. Andy Beshear called it the biggest housing development announcement in the history of Kentucky.

On Monday, he revealed that the state and the Kentucky Housing Corporation will collaborate to build 953 affordable rental units in communities impacted by the 2021 tornadoes. The $223 million investment will support 11 different projects in Christian, Graves, Hopkins, and Warren counties.

76 units will be built in Hopkinsville, 122 in Mayfield, 88 in Dawson Springs, 32 in Madisonville, and 635 in Bowling Green.

Construction is expected to begin no later than the spring of 2025, according to the Governor’s Office. The apartment complexes will be income-restricted to moderate and low-income households.

The governor emphasized that these rental units are greatly needed to help western Kentucky recover from the tornadoes of 2021. He also explained that new affordable housing units are needed in the region to help fill new …

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