Strategic Partnerships: Strategic Partnerships: Growing and Expanding Growing and Expanding

Your Loan ProgramYour Loan Program

The experiences of the Kentucky Assistive The experiences of the Kentucky Assistive Technology Loan Corporation (KATLC)Technology Loan Corporation (KATLC)

Presented by Dave Matheis, KATLC Board MemberPresented by Dave Matheis, KATLC Board Member

Kentucky Assistive Kentucky Assistive Technology Loan Corporation Technology Loan Corporation

KATLCKATLC 1996 - Established by state statute 1997 – Received initial funds (from state’s DD

Council) 1998 – Board of Directors formed; Kentucky

Department of Vocational Rehabilitation began to provide staff support; began receiving $100,000 annual allotment from state budget

KATLCKATLCTimeline ContinuedTimeline Continued

2000 – Principal lending partner, Fifth Third Bank of Kentucky, began making loans

2000 – Kentucky Housing Corporation agreed to provide fund for loans

2001 – Received NIDRR Title III grant 2001 – Received second grant from DD Council

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The KATLC Board of Directors The KATLC Board of Directors (with staff)(with staff)

KATLC’s PartnersKATLC’s Partners

Kentucky Council on Developmental Disability Kentucky Department of Vocational

Rehabilitation KATS Network Fifth Third Bank of Kentucky Kentucky Housing Corporation Interdisciplinary Human Development Institute

(University of Kentucky)

KATLC’s Partners (continued)KATLC’s Partners (continued)

Five Centers for Independent Living Six Assistive Technology Resource Centers Department for Mental Health / Mental Retardation Supported Living Program Traumatic Brain Injury Trust Fund

Kentucky Council on Kentucky Council on Developmental DisabilityDevelopmental Disability

KATLC enabling legislation came with no money attached

Council grant of $107,000 in 1997 supplied initial capitalization of loan fund

Provided second grant of $118,000 in 2001

Kentucky Department of Kentucky Department of Vocational RehabilitationVocational Rehabilitation

Assigned task of providing staff support and office space for KATLC in 1998

Provided staff support at no cost to KATLC through 2002

KATS NetworkKATS Network

Developed the enabling legislation and guided it to passage

Obtained initial funding for KATLC from the DD Council

Helped identify prospective Board members Assisted in developing administrative regulations Serves as a primary referral source for applicants Has role in the NIDRR grant

Principal Lending Partner – Principal Lending Partner – Fifth Third Bank of KentuckyFifth Third Bank of Kentucky

Selected from six applicants in a RFP process Uses KATLC money for loan guarantees Began lending money in the summer of 2000 Very positive working relationship

Kentucky Housing Corporation Kentucky Housing Corporation (KHC)(KHC)

Established special loan program for home modifications for individuals with low income

No guarantees or money from KATLC – KHC provides all the funds

Number of applications has been small

Interdisciplinary Human Interdisciplinary Human Development Institute Development Institute

(University of Kentucky)(University of Kentucky)

Employ KATLC staff through a contract with Kentucky DVR

Provides technical assistance to staff as needed

‘‘Real Choices’Real Choices’

Collaborative effort of KATLC, KHC, Dept. for MH/MR Services, and the Center for Accessible Living (Louisville and Murray)

Designed to provide up to $5,000 grant for home modifications in Louisville and Murray areas with any additional money needed coming as a loan

All applications have been for $5,000 or less

Six CILs and Six CILs and 5 AT Resource Centers5 AT Resource Centers

Partnered through NIDRR Grant (Project LINK-A.T.) To provide referrals to KATLC and assistance to

consumers in completing applications One-year trial

Mixing funding sourcesMixing funding sources

Informal arrangements Part grant/part KATLC loan Department of Vocational Rehabilitation Supported Living program TBI Trust Fund

VendorsVendors

Most successful with vehicle modification dealers and hearing aid vendors

Since January 1, 2003, half of KATLC loans have been for hearing aids

For more information about the For more information about the Kentucky Assistive Technology Kentucky Assistive Technology

Loan Corporation, Loan Corporation, call:call:

Nancy Hansen at (859) 257-7225Nancy Hansen at (859) 257-7225oror

Dave Matheis at (502) 564-4440Dave Matheis at (502) 564-4440