AN ACT relating to affordable housing, making an appropriation therefor, and declaring an emergency.

Create new sections of KRS Chapter 198A to define terms; establish the abandoned home pool fund to be administered by the Kentucky Housing Corporation; specify eligible recipients, activities, and uses of fund; amend KRS 64.012 to increase county clerk recording fees and add a $2 fee to be deposited in the abandoned home pool fund; appropriate $25,000,000 from the General Fund to the abandoned home pool fund; APPROPRIATION; EMERGENCY, effective July 1, 2026.

Introduced: January 30, 2026

Last action: March 10, 2026

To State & Local Government (S)

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This bill would create a new fund called the abandoned home pool fund, managed by the Kentucky Housing Corporation, to support affordable housing efforts. It would put $25 million in state money into the fund and add a $2 fee to county clerk recording fees to help keep the fund going. The goal is to address abandoned homes and expand affordable housing options across the state. Who it may affect: Kentuckians seeking affordable housing, counties and local governments, and anyone paying county clerk recording fees for property transactions.

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