Large Kentucky Multifamily Housing Projects Are Now IRB-Eligible

Kentucky local governments now have an additional tool to help address their housing shortages thanks to legislation enacted during the 2025 Kentucky General Assembly. A provision of Senate Bill (SB) 25 authorizes local governments to issue industrial revenue bonds (IRBs) to help private developers cover the construction or renovation costs of projects that increase local multifamily housing by 48 units or more....
By: Frost Brown Todd

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