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KHC Joins Celebration for 80-Unit Affordable, Permanent Supportive Housing Development in Louisville

Published on March 25, 2025 by Kentucky Housing Corporation
KHC Joins Celebration for 80-Unit Affordable, Permanent Supportive Housing Development in Louisville

FRANKFORT, Kentucky — Kentucky Housing Corporation (KHC) joined Lt. Gov. Jacqueline Coleman, Mayor Craig Greenberg, and others today, March 25, 2025, to celebrate the grand opening of Sheehan Landing, a Housing First permanent supportive housing project developed by LDG Development for St. John Center.

Sheehan Landing comprises 80 one-bedroom furnished units for vulnerable Kentuckians at or below 30% annual median income (AMI). In addition to stable housing, residents will have access to on-site case management, behavioral health services, legal services, and 24-hour security, among other support. The goal, according to St. John Center, is to reduce isolation, improve health outcomes, improve community integration, and contribute to recovery.

“While there are a lot of personal factors that lead people to become homeless, the structural issue is they don’t have somewhere to live,” said Wendy Smith, deputy executive director of Housing Programs at KHC. “Housing is the solution to homelessness. KHC has a relatively small role in this very big deal today, but we are really proud of it and proud of everybody who made it happen. This is an example of good government at many levels, of public-private partnership — a for-profit developer and a not-for-profit service organization. These things are hard, but they can happen, so don’t get cynical because this works when everybody gets to it.”

KHC invested $15 million in funding from tax-exempt bonds and over $1 million from housing credits.

Sheehan Landing was named after Sister Mary Kathleen Sheehan, the founding director of St. John Center.

Kentucky Housing Corporation, the state housing finance agency, was created by the 1972 General Assembly to provide affordable housing opportunities.  As a self-supporting, public corporation, Kentucky Housing offers down payment assistance loans to assist first-time homebuyers obtain home mortgages, housing production financing, homeownership education/counseling, rental assistance, housing rehabilitation, and supportive housing programs for special needs populations.