About This Property
Academy Flats Senior Housing comprises 26 one-bedroom units designed to serve elderly residents in Covington, Kentucky. The property, placed in service in 2007, operates as a low-income housing community with support from 9% Low-Income Housing Tax Credits. Kenton County residents seeking affordable senior housing options can contact the property management for availability and application information.
Waitlist Information
Waitlist managed by Covington Community Development Agency
We are not accepting applications at this time. Please check back later for future applications.
Section 8 is not accepting applications at this time. The Project-Based Assistance Program accepts applications in person at 2300 Madison Ave., Covington.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Kenton 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 | $810 |
| 1 Bedroom | $919 |
| 2 Bedroom | $1,195 |
| 3 Bedroom | $1,588 |
| 4 Bedroom | $1,766 |
Income Limits - Kenton County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,950
- Very Low (50%)
- $29,900
- Low (80%)
- $47,850
- Extremely Low (30%)
- $20,500
- Very Low (50%)
- $34,200
- Low (80%)
- $54,650
- Extremely Low (30%)
- $23,050
- Very Low (50%)
- $38,450
- Low (80%)
- $61,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,550
- Low (80%)
- $79,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,950
- Low (80%)
- $84,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,400
- Low (80%)
- $90,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,950 | $29,900 | $47,850 |
| 2 Persons | $20,500 | $34,200 | $54,650 |
| 3 Persons | $23,050 | $38,450 | $61,500 |
| 4 Persons | $26,500 | $42,700 | $68,300 |
| 5 Persons | $31,040 | $46,150 | $73,800 |
| 6 Persons | $35,580 | $49,550 | $79,250 |
| 7 Persons | $40,120 | $52,950 | $84,700 |
| 8 Persons | $44,660 | $56,400 | $90,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Covington, KY?+
The Fair Market Rent (FMR) for Kenton County, KY is: $810 (Studio), $919 (1BR), $1195 (2BR), $1588 (3BR), $1766 (4BR). Actual rent at subsidized properties like Academy Flats Senior Housing is typically 30% of household income or less.
What size apartments are available at Academy Flats Senior Housing?+
Academy Flats Senior Housing offers the following unit types: 26 One-Bedroom units, for a total of 26 units.
Who manages Academy Flats Senior Housing?+
Academy Flats Senior Housing is managed by . You can reach them at .
How do I apply for housing at Academy Flats Senior Housing?+
Academy Flats Senior Housing 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 are the income limits for affordable housing in Kenton County, KY?+
For a 4-person household in Kenton County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,700, Low Income (80% AMI): $68,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Covington, KY?+
Based on Fair Market Rent for Kenton County, the estimated price range is: 1-bedroom: $919. Actual rent at Academy Flats Senior Housing may be lower for income-eligible households.
Is there a waitlist for Academy Flats Senior Housing?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who is eligible to live at Academy Flats Senior Housing?+
Academy Flats Senior Housing primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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