[lumullins1121]

We noticed a statement on the Kentucky Homeownership Protection Center website.  And it states that applications are no longer being accepted by Team KY Homeownership Fundeffective June 30, 2025. Does this mean we no longer need to require the protect My KY Home disclosure be delivered?

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[Kimberly Boatwright, CAMS, CRCM]

Short answer is “Yes” the disclosure is a statutory requirement, and we cannot find evidence that that requirement has been changed. The Department of Financial Institution’s website is still active and still lists the requirement.

We suggest you contact your legal team to do more research on this requirement and monitor for whether the law changes. The disclosure requirement is tied to the mortgage, not the grant program.

However, as customers may be confused, you may want to provide a script to customer service reps advising that this is occurring and we have no way of knowing when grant applications will resume, and provide the customer with appropriate links.

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