About This Property
Raceland Meadows provides 32 low-income housing units in Raceland, Kentucky, serving families in Greenup County. The property includes 24 one-bedroom units and 8 two-bedroom units and has been in service since 2013.
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 Raceland, 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 Raceland Meadows is typically 30% of household income or less.
What size apartments are available at Raceland Meadows?+
Raceland Meadows offers the following unit types: 24 One-Bedroom, 8 Two-Bedroom units, for a total of 32 units.
Who is eligible to live at Raceland Meadows?+
Raceland Meadows primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Raceland Meadows?+
Raceland Meadows 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.
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.
What is the price range for apartments in Raceland, KY?+
Based on Fair Market Rent for Greenup County, the estimated price range is: 1-bedroom: $815, 2-bedroom: $938. Actual rent at Raceland Meadows may be lower for income-eligible households.
Who manages Raceland Meadows?+
Raceland Meadows is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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