The Unemployment Bridge Program (UBP) is a program funded by the federal Hardest Hit Funds and administered by Kentucky Housing Corporation. UBP is a forgivable loan option to assist homeowners in making their mortgage payments. The Program goal is to help homeowners keep their homes while they recover from a temporary loss of employment income. The UBP application packet is available on the Kentucky Homeownership Protection Center website.
 
 

• To be eligible, the applicant must have experienced a job loss or reduction in income due to changing economic conditions, through no fault of their own, and demonstrate a need for assistance.  

 

• Clients must have experienced a 15% or more reduction in employment income, have no more than two mortgage liens on the subject property, and the employment event   occurring within 3 years of their application for assistance.

 

• A UBP loan is a 0% interest loan with no monthly repayment. The maximum amount of assistance is $15,000 or 12 months, whichever occurs first.

 
 
For more information contact the Gateway Community Action Housing Coordinator at 859-404-7641.