About This Property
Cloverdale Apartments comprises 24 units in Cloverport, Kentucky, with 22 designated as low-income housing. The property, which has been in service since 2010, serves elderly residents and offers a unit mix of sixteen 1-bedroom and eight 2-bedroom apartments. This property is managed in accordance with affordable housing guidelines for Breckinridge County.
Property Details
Fair Market Rent - Breckinridge County, KY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $616 |
| 1 Bedroom | $729 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,128 |
| 4 Bedroom | $1,132 |
Income Limits - Breckinridge County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,500
- Very Low (50%)
- $22,500
- Low (80%)
- $35,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,700
- Low (80%)
- $41,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,900
- Low (80%)
- $46,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,700
- Low (80%)
- $55,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $39,850
- Very Low (50%)
- $39,850
- Low (80%)
- $63,700
- Extremely Low (30%)
- $42,400
- Very Low (50%)
- $42,400
- Low (80%)
- $67,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,500 | $22,500 | $35,950 |
| 2 Persons | $17,420 | $25,700 | $41,100 |
| 3 Persons | $21,960 | $28,900 | $46,250 |
| 4 Persons | $26,500 | $32,100 | $51,350 |
| 5 Persons | $31,040 | $34,700 | $55,500 |
| 6 Persons | $35,580 | $37,250 | $59,600 |
| 7 Persons | $39,850 | $39,850 | $63,700 |
| 8 Persons | $42,400 | $42,400 | $67,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cloverport, KY?+
The Fair Market Rent (FMR) for Breckinridge County, KY is: $616 (Studio), $729 (1BR), $850 (2BR), $1128 (3BR), $1132 (4BR). Actual rent at subsidized properties like Cloverdale Apartments is typically 30% of household income or less.
What size apartments are available at Cloverdale Apartments?+
Cloverdale Apartments offers the following unit types: 16 One-Bedroom, 8 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Breckinridge County, KY?+
For a 4-person household in Breckinridge County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,100, Low Income (80% AMI): $51,350. These limits are set by HUD and updated annually.
Who is eligible to live at Cloverdale Apartments?+
Cloverdale Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Cloverport, KY?+
Based on Fair Market Rent for Breckinridge County, the estimated price range is: 1-bedroom: $729, 2-bedroom: $850. Actual rent at Cloverdale Apartments may be lower for income-eligible households.
How do I apply for housing at Cloverdale Apartments?+
Cloverdale Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Cloverdale Apartments?+
Cloverdale Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.