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Asset Management Modification/Waiver Request

This document should be submitted if you are requesting a waiver or modification to a project already placed in service. Modifications/waiver requests for projects that have not yet placed in service should use the "Multifamily Project Modification/Waiver Request" form.

Contact Information
First Name
Last Name
Project Number 
Project name 
KHC Contact 
Narrative of Modification/Waiver Request and Justification (please be detailed)


Pursuant to your request, Kentucky Housing Corporation (KHC) is willing to review and, if possible, discuss proposed workout arrangements with you. By checking the box below you acknowledge that you understand and agree to the following:

  1. No workout discussions or draft proposals shall be binding on you or KHC. It is expressly understood and agreed that any binding arrangement must be approved by KHC and the appropriate decision-maker for your entity, definitively documented, executed, and delivered.
  2. Any workout discussions prior to the execution of a workout agreement have been and will be without prejudice to you or KHC and the rights and remedies of each under the existing Loan Documents, at law or in equity.
  3. You or KHC may terminate workout discussions at any time in your/its sole discretion.
  4. You hereby release and waive any and all claims, of any kind or nature, which you may have against KHC arising from workout discussions.
Submitted by: 

A nonrefundable fee is associated with this form. Please be aware, KHC will not take any action to either grant or deny your request until the fee is paid in full.

Project Design Change Fee

A change in the project design requires a fee of $100 per affordable unit up to a maximum of $2500.

Payment Information
First Name
Last Name
City State Zip
ACH Bank Information
Account Type
Routing Number
Account Number


© 2020 Kentucky Housing Corporation
1231 Louisville Road, Frankfort, Kentucky 40601
(502) 564-7630
(800) 633-8896 (KY only)