About This Property
North Wood Apartments offers 24 low-income units in Sandy Hook, Kentucky, consisting of six one-bedroom, fourteen two-bedroom, and four three-bedroom floor plans to serve families. The property has been in service since 2013 and is managed locally to provide affordable housing options in Elliott County.
Property Details
Fair Market Rent - Elliott 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 | $680 |
| 1 Bedroom | $731 |
| 2 Bedroom | $938 |
| 3 Bedroom | $1,134 |
| 4 Bedroom | $1,275 |
Income Limits - Elliott County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,050
- Low (80%)
- $30,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,750
- Low (80%)
- $34,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,450
- Low (80%)
- $39,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $29,350
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $31,500
- Very Low (50%)
- $31,500
- Low (80%)
- $50,450
- Extremely Low (30%)
- $33,700
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $35,850
- Very Low (50%)
- $35,850
- Low (80%)
- $57,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,050 | $30,450 |
| 2 Persons | $17,420 | $21,750 | $34,800 |
| 3 Persons | $21,960 | $24,450 | $39,150 |
| 4 Persons | $26,500 | $27,150 | $43,450 |
| 5 Persons | $29,350 | $29,350 | $46,950 |
| 6 Persons | $31,500 | $31,500 | $50,450 |
| 7 Persons | $33,700 | $33,700 | $53,900 |
| 8 Persons | $35,850 | $35,850 | $57,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sandy Hook, KY?+
The Fair Market Rent (FMR) for Elliott County, KY is: $680 (Studio), $731 (1BR), $938 (2BR), $1134 (3BR), $1275 (4BR). Actual rent at subsidized properties like North Wood Apartments is typically 30% of household income or less.
What size apartments are available at North Wood Apartments?+
North Wood Apartments offers the following unit types: 6 One-Bedroom, 14 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Sandy Hook, KY?+
Based on Fair Market Rent for Elliott County, the estimated price range is: 1-bedroom: $731, 2-bedroom: $938, 3-bedroom: $1134. Actual rent at North Wood Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Elliott County, KY?+
For a 4-person household in Elliott County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,150, Low Income (80% AMI): $43,450. These limits are set by HUD and updated annually.
Who manages North Wood Apartments?+
North Wood Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at North Wood Apartments?+
North Wood 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 is eligible to live at North Wood Apartments?+
North Wood Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.