About This Property
Karp - Lincoln County offers 4 two-bedroom units designated for low-income households in Stanford, Kentucky. The property has been in service since 2004 and is financed through 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Stanford Housing Authority
The waiting list is currently accepting pre-applications for families and senior/disabled households. Qualified applicants are placed based on the date and time the pre-application is received, with no stated preferences.
Eligibility for Section 8 is based on income, family size, and citizenship status.
Waitlist data provided by section8waitlist.org
Updated June 17, 2026
Property Details
Fair Market Rent - Lincoln 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 | $686 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,028 |
| 4 Bedroom | $1,132 |
Income Limits - Lincoln 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stanford, KY?+
The Fair Market Rent (FMR) for Lincoln County, KY is: $616 (Studio), $686 (1BR), $850 (2BR), $1028 (3BR), $1132 (4BR). Actual rent at subsidized properties like Karp - Lincoln County is typically 30% of household income or less.
What size apartments are available at Karp - Lincoln County?+
Karp - Lincoln County offers the following unit types: 4 Two-Bedroom units, for a total of 4 units.
What are the income limits for affordable housing in Lincoln County, KY?+
For a 4-person household in Lincoln 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 manages Karp - Lincoln County?+
Karp - Lincoln County is managed by . You can reach them at .
How do I apply for housing at Karp - Lincoln County?+
Karp - Lincoln County 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.
Who is eligible to live at Karp - Lincoln County?+
Karp - Lincoln County primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Karp - Lincoln County?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Stanford, KY?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 2-bedroom: $850. Actual rent at Karp - Lincoln County may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Karp - Lincoln County
Shea Villa Apartments
Stanford, KY
24 UnitsShea Villa Apartments
Stanford, KY
24 Units
Danville Community Development Agency
Danville, KY
297 UnitsLincoln Terrace Apartments
Stanford, KY
48 Units
Stanford Housing Authority
Stanford, KY
50 Units
Burckley Homes
Danville, KY
2 Units