About This Property
Paint Lick Station comprises 24 low-income rental units in Stambaugh, Kentucky, with a mix of 8 two-bedroom, 12 three-bedroom, and 4 four-bedroom apartments. The property was placed in service in 2007 and utilizes 9% Low-Income Housing Tax Credits to support affordable housing. A non-profit organization owns and manages the development.
Property Details
Fair Market Rent - Johnson 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 | $1,120 |
| 4 Bedroom | $1,156 |
Income Limits - Johnson 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 Stambaugh, KY?+
The Fair Market Rent (FMR) for Johnson County, KY is: $616 (Studio), $647 (1BR), $850 (2BR), $1120 (3BR), $1156 (4BR). Actual rent at subsidized properties like Paint Lick Station is typically 30% of household income or less.
What size apartments are available at Paint Lick Station?+
Paint Lick Station offers the following unit types: 8 Two-Bedroom, 12 Three-Bedroom, 4 Four-Bedroom units, for a total of 24 units.
Who manages Paint Lick Station?+
Paint Lick Station is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Johnson County, KY?+
For a 4-person household in Johnson 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.
What is the price range for apartments in Stambaugh, KY?+
Based on Fair Market Rent for Johnson County, the estimated price range is: 2-bedroom: $850, 3-bedroom: $1120. Actual rent at Paint Lick Station may be lower for income-eligible households.
How do I apply for housing at Paint Lick Station?+
Paint Lick Station 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
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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