Kentucky

Infrastructure Grade

C-

Service Area Demographics
(Non-Metro)

Rural Population

1,826,673

Urban Population

2,641,000

Total Population

4,467,673

Poverty Rate

14.2%

Housing Units

2,006,358

Unemployment Rate

5.6%

Median Household Income

$50,589.00

Homes, Inc. Single Family Homeownership

Christopher Banks originally contacted HOMES in 2017 to pursue homeownership but at the time of application, he was not in a position to move forward. He decided to stick with it and was eventually able to qualify for a mortgage loan through USDA Rural Development’s 502 program. Many applicants decide to go another route and end up getting manufactured housing that is of lesser quality and depreciates in value, but by sticking with it, the Banks’s ended up with a new home that they love.

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Outdoor Venture Corporation Expansion Project

Whitley City received funds and passed them on to the local non-profit which carried out the activity. The non-profit purchased equipment and leased it to Outdoor Venture Corporation which in turn will create up to 150 new jobs with at least 51% will be given to those that are from Low-to-Moderate Income families. The company produces military shelters and accessories.

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