About This Property
Kate Cove offers 24 apartments in Munfordville, Kentucky, comprising 16 two-bedroom and 8 three-bedroom units designed to serve families. The property has been in service since 2010 and is supported by 9% Low-Income Housing Tax Credits. This non-profit owned community provides affordable rental options in Hart County.
Property Details
Fair Market Rent - Hart 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 | $616 |
| 1 Bedroom | $647 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,093 |
| 4 Bedroom | $1,132 |
Income Limits - Hart 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 Munfordville, KY?+
The Fair Market Rent (FMR) for Hart County, KY is: $616 (Studio), $647 (1BR), $850 (2BR), $1093 (3BR), $1132 (4BR). Actual rent at subsidized properties like Kate Cove is typically 30% of household income or less.
What size apartments are available at Kate Cove?+
Kate Cove offers the following unit types: 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
Who manages Kate Cove?+
Kate Cove is managed by . You can reach them at .
How do I apply for housing at Kate Cove?+
Kate Cove 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.
What is the price range for apartments in Munfordville, KY?+
Based on Fair Market Rent for Hart County, the estimated price range is: 2-bedroom: $850, 3-bedroom: $1093. Actual rent at Kate Cove may be lower for income-eligible households.
What are the income limits for affordable housing in Hart County, KY?+
For a 4-person household in Hart 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 is eligible to live at Kate Cove?+
Kate Cove 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
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