About This Property
Richmond Green offers 60 low-income rental units in Richmond, Kentucky, consisting of twenty 1-bedroom and forty 2-bedroom apartments. The property has been in service since 1998 and is financed through 9% Low-Income Housing Tax Credits. For more information about availability and application procedures, interested parties should contact the property management office.
Waitlist Information
Waitlist managed by City of Richmond Section 8 Housing Program
Pre-applications for Public Housing are currently being accepted for families and senior/disabled households, which offers four communities ranging from studios to 5 bedrooms. Applications can be picked up at the Housing Authority office at 429 Smith Village, Richmond, KY 40475, or requested by calling (859) 623-1321 to be mailed. After completing the pre-application, an appointment must be scheduled by calling (859) 623-5968 to submit it along with required documents, including Social Security Cards, birth certificates for all household members, proof of all income, and photo IDs for all adult household members. The Housing Authority of Richmond utilizes a preference point system. The waiting list will remain open until a desired ratio of applications to annual unit turns is reached.
The waiting list for the City of Richmond Section 8 Housing Program is not accepting applications at this time.
Waitlist data provided by section8waitlist.org
Updated October 18, 2026
Property Details
Fair Market Rent - Madison 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 | $750 |
| 1 Bedroom | $794 |
| 2 Bedroom | $914 |
| 3 Bedroom | $1,288 |
| 4 Bedroom | $1,301 |
Income Limits - Madison County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Richmond, KY?+
The Fair Market Rent (FMR) for Madison County, KY is: $750 (Studio), $794 (1BR), $914 (2BR), $1288 (3BR), $1301 (4BR). Actual rent at subsidized properties like Richmond Green is typically 30% of household income or less.
What size apartments are available at Richmond Green?+
Richmond Green offers the following unit types: 20 One-Bedroom, 40 Two-Bedroom units, for a total of 60 units.
What are the income limits for affordable housing in Madison County, KY?+
For a 4-person household in Madison County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
How do I apply for housing at Richmond Green?+
Richmond Green 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.
Is there a waitlist for Richmond Green?+
Public Housing waitlist is currently Open. 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 manages Richmond Green?+
Richmond Green is managed by . You can reach them at .
What is the price range for apartments in Richmond, KY?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $794, 2-bedroom: $914. Actual rent at Richmond Green may be lower for income-eligible households.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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