The Lexington-Fayette Urban County Government (LFUCG) created the Affordable Housing Governing Board (the Board) and the Affordable Housing Fund (the Fund) (Ordinance No. 101- 2014 and 103-2014).
The purpose of the Fund is to leverage public and private investment to provide, produce and preserve safe, quality affordable housing. Housing is considered affordable when safe, quality housing is available and rent and utility costs are no more than 30 percent of gross household income.