AU Associates Inc. is a leading developer of safe, decent, and affordable housing in Lexington, KY. With over 30 years of experience, they have successfully completed over 40 projects, totaling more than $300 million in project costs and creating over 1,700 units of affordable rental housing. Their focus on new infill development and adaptive reuse of existing structures has made them a key player in the creation of strong and healthy communities.
Specializing in the utilization of Low Income Housing Tax Credits (LIHTC), AU Associates forms partnerships with financial institutions and syndicators to fund the capital costs of affordable housing. They also secure additional project gap-filling funds through various sources, including Community Development Block Grants, Federal Home Loan Bank monies, and State and Federal Historic Tax Credits. Committed to innovation and quality, AU Associates continues to seek new opportunities to develop exciting and livable affordable housing communities.
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