About This Property
Bay Berry Townhomes comprises 32 low-income rental units in Flatwoods, Kentucky, with a mix of 24 two-bedroom and 8 three-bedroom townhomes. The property was placed in service in 1999 and is financed through 4% Low-Income Housing Tax Credits. These units serve households meeting income eligibility requirements in Greenup County.
Property Details
Fair Market Rent - Greenup 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 | $793 |
| 1 Bedroom | $815 |
| 2 Bedroom | $938 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,431 |
Income Limits - Greenup County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,050
- Very Low (50%)
- $21,700
- Low (80%)
- $34,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,900
- Low (80%)
- $44,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,000
- Low (80%)
- $57,550
- Extremely Low (30%)
- $38,450
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,950
- Very Low (50%)
- $40,950
- Low (80%)
- $65,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,050 | $21,700 | $34,750 |
| 2 Persons | $17,420 | $24,800 | $39,700 |
| 3 Persons | $21,960 | $27,900 | $44,650 |
| 4 Persons | $26,500 | $31,000 | $49,600 |
| 5 Persons | $31,040 | $33,500 | $53,600 |
| 6 Persons | $35,580 | $36,000 | $57,550 |
| 7 Persons | $38,450 | $38,450 | $61,550 |
| 8 Persons | $40,950 | $40,950 | $65,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Flatwoods, KY?+
The Fair Market Rent (FMR) for Greenup County, KY is: $793 (Studio), $815 (1BR), $938 (2BR), $1236 (3BR), $1431 (4BR). Actual rent at subsidized properties like Bay Berry Townhomes is typically 30% of household income or less.
What size apartments are available at Bay Berry Townhomes?+
Bay Berry Townhomes offers the following unit types: 24 Two-Bedroom, 8 Three-Bedroom units, for a total of 32 units.
Who manages Bay Berry Townhomes?+
Bay Berry Townhomes is managed by . You can reach them at .
What is the price range for apartments in Flatwoods, KY?+
Based on Fair Market Rent for Greenup County, the estimated price range is: 2-bedroom: $938, 3-bedroom: $1236. Actual rent at Bay Berry Townhomes may be lower for income-eligible households.
What are the income limits for affordable housing in Greenup County, KY?+
For a 4-person household in Greenup County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,000, Low Income (80% AMI): $49,600. These limits are set by HUD and updated annually.
How do I apply for housing at Bay Berry Townhomes?+
Bay Berry Townhomes 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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