About This Property
Northwood Homes provides 24 three-bedroom units for low-income households in Leitchfield, Kentucky. The property has been in service since 1999 and is financed through 4% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Grayson 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 | $677 |
| 1 Bedroom | $682 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,128 |
| 4 Bedroom | $1,132 |
Income Limits - Grayson 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 Leitchfield, KY?+
The Fair Market Rent (FMR) for Grayson County, KY is: $677 (Studio), $682 (1BR), $850 (2BR), $1128 (3BR), $1132 (4BR). Actual rent at subsidized properties like Northwood Homes is typically 30% of household income or less.
What size apartments are available at Northwood Homes?+
Northwood Homes offers the following unit types: 24 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Leitchfield, KY?+
Based on Fair Market Rent for Grayson County, the estimated price range is: 3-bedroom: $1128. Actual rent at Northwood Homes may be lower for income-eligible households.
Who manages Northwood Homes?+
Northwood Homes is managed by . You can reach them at .
What are the income limits for affordable housing in Grayson County, KY?+
For a 4-person household in Grayson 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.
How do I apply for housing at Northwood Homes?+
Northwood Homes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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