About This Property
Buffalo School Apartments comprises 19 units in Buffalo, Kentucky, providing affordable housing for elderly residents. The property includes eleven one-bedroom and eight two-bedroom units and was placed in service in 2011. This development utilizes 9% Low-Income Housing Tax Credits to support its affordable housing mission.
Property Details
Fair Market Rent - Larue 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 | $785 |
| 1 Bedroom | $790 |
| 2 Bedroom | $1,003 |
| 3 Bedroom | $1,385 |
| 4 Bedroom | $1,702 |
Income Limits - Larue County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,700
- Very Low (50%)
- $22,850
- Low (80%)
- $36,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,100
- Low (80%)
- $41,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,350
- Low (80%)
- $47,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,600
- Low (80%)
- $52,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,250
- Low (80%)
- $56,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,850
- Low (80%)
- $60,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,450
- Low (80%)
- $64,750
- Extremely Low (30%)
- $43,050
- Very Low (50%)
- $43,050
- Low (80%)
- $68,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,700 | $22,850 | $36,550 |
| 2 Persons | $17,420 | $26,100 | $41,800 |
| 3 Persons | $21,960 | $29,350 | $47,000 |
| 4 Persons | $26,500 | $32,600 | $52,200 |
| 5 Persons | $31,040 | $35,250 | $56,400 |
| 6 Persons | $35,580 | $37,850 | $60,600 |
| 7 Persons | $40,120 | $40,450 | $64,750 |
| 8 Persons | $43,050 | $43,050 | $68,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Buffalo, KY?+
The Fair Market Rent (FMR) for Larue County, KY is: $785 (Studio), $790 (1BR), $1003 (2BR), $1385 (3BR), $1702 (4BR). Actual rent at subsidized properties like Buffalo School Apartments is typically 30% of household income or less.
What size apartments are available at Buffalo School Apartments?+
Buffalo School Apartments offers the following unit types: 11 One-Bedroom, 8 Two-Bedroom units, for a total of 19 units.
What are the income limits for affordable housing in Larue County, KY?+
For a 4-person household in Larue County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,600, Low Income (80% AMI): $52,200. These limits are set by HUD and updated annually.
Who manages Buffalo School Apartments?+
Buffalo School Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Buffalo School Apartments?+
Buffalo School Apartments 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 is the price range for apartments in Buffalo, KY?+
Based on Fair Market Rent for Larue County, the estimated price range is: 1-bedroom: $790, 2-bedroom: $1003. Actual rent at Buffalo School Apartments may be lower for income-eligible households.
Who is eligible to live at Buffalo School Apartments?+
Buffalo School Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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