About This Property
Tygart Creek Townhomes comprises 18 low-income units in Southshore, Kentucky, with a unit mix of twelve 2-bedroom and six 3-bedroom townhomes. The property has been in service since 1997 and operates under 4% Low-Income Housing Tax Credit financing. The community serves Greenup County residents seeking affordable rental housing.
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 Southshore, 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 Tygart Creek Townhomes is typically 30% of household income or less.
What size apartments are available at Tygart Creek Townhomes?+
Tygart Creek Townhomes offers the following unit types: 12 Two-Bedroom, 6 Three-Bedroom units, for a total of 18 units.
What is the price range for apartments in Southshore, KY?+
Based on Fair Market Rent for Greenup County, the estimated price range is: 2-bedroom: $938, 3-bedroom: $1236. Actual rent at Tygart Creek 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.
Who manages Tygart Creek Townhomes?+
Tygart Creek Townhomes is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Tygart Creek Townhomes?+
Tygart Creek Townhomes 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.
Contact Information
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