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Community Ventures receives more funding

Community Ventures Corporation announced this week that it has received nearly $700,000 to fund its plans to construct or acquire and rehabilitate affordable housing in 28 rural Kentucky counties. The funding includes $199,500 from the Affordable Housing Trust Fund and $500,000 from the HOME Investment Partnership from the Kentucky Housing Corporation.

The funding will also include a portion to be converted to permanent financing and down payment and closing cost assistance to the homebuyer.

For more information or to learn about the qualification requirements, visit www.cvcky.org.

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