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The Kentucky Housing Corporation (KHC) was established in 1972. KRS Chapter 198A specifies KHC’s creation, purpose and powers. Among its powers, the KHC can provide low-cost housing to low and moderate-income families. It can make insured construction loans to sponsors of land development and residential housing, make insured mortgage loans to sponsors of residential housing, purchase insured mortgage loans made to sponsors and to families of low and moderate income, and lease and sublease residential housing to families of low and moderate income.
Kentucky. Kentucky Housing Corporation
In 1993, the Kentucky Legislative Ethics Commission (KLEC) was established. It is charged with the enforcement of the Code of Legislative Ethics and is composed of nine citizen members. The Code regulates conduct by legislators, lobbyists and the employers of lobbyists. Before 1993 a Board of Ethics made up of legislators oversaw legislative ethics while oversight of lobbyists was with the Office of the Attorney General. The legislative ethics law covers four broad subject matters: registration of legislative agents and employers; Statements by legislative agents and employers documenting lobbying expenditures and expenses, and financial transactions; conduct of members of the General Assembly; and financial disclosure statements of the General Assembly, legislative candidates, and key legislative staff. Kentucky Revised Statutes 6.601 to 6.849 authorize KLEC and provide the Code of Legislative Ethics. Kentucky Administrative Regulations 2 KAR 2:010 to 2:040 specify forms for registration and financial reporting required by the Code.
