Affordable Housing through Community Partnership
At the 2022 Appalachian Big Ideas Festival, the Foundation for Appalachian Kentucky announced alongside Fahe, the Housing Development Alliance and HOMES, Inc. that we would be partnering to build 16 new homes for flood survivors. The housing plan is supported by a $50,000 investment from Fahe and $1.23 million from the Foundation.
“We know how to do this. We’ve been implementing a smart affordable housing program across the region for decades,” said the Foundation’s CEO Gerry Roll. “Now, we are coming together as a community to build these next 16 homes and to challenge the governor and our legislature to step up and allocate the funding we need for the next 1,600, because housing can’t wait.”
These homes will be split between Perry, Breathitt, Letcher and Knott Counties with each county getting four homes.
“We want this plan to benefit the local community in as many ways as possible,” said HDA Executive Director Scott McReynolds. “One of those benefits will be to the local economy. Materials will be purchased from local businesses in the flood-impacted areas, and the homes are being built by carpenters and local subcontractors employed by HDA and HOMES.”
Currently, HOMES has already built a house and has it under a roof and the HDA has four homes in-process.
Pikeville Community Foundation Awards More Than $70,000 in Funding
