AU Associates Inc. is a leading developer of safe, decent, and quality affordable housing in Lexington, KY. With over 30 years of experience, they have successfully completed over 40 projects, totaling over $300 million in project costs and creating more than 1,700 units of affordable rental housing. Their mission is to create vibrant and livable communities by utilizing innovative approaches, such as the Low Income Housing Tax Credit, to fund the development of affordable housing.
By combining cross-cutting regulations and forming partnerships with financial institutions and syndicators, AU Associates effectively utilizes tax credits and secures additional project funding from various sources, including Community Development Block Grants, Federal Home Loan Bank monies, and State and Federal Historic Tax Credits. Their commitment to creating affordable housing that meets the needs of low-income individuals and families has made them a trusted and respected name in the industry.
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