About This Property
Frederick Place Apartments comprises 48 low-income units in West Liberty, Kentucky, with a mix of 16 one-bedroom and 32 two-bedroom floor plans. The property was placed in service in 2015 and is financed through 9% Low-Income Housing Tax Credits. The community serves families in Morgan County.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Morgan 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 | $1,151 |
| 4 Bedroom | $1,156 |
Income Limits - Morgan 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 West Liberty, KY?+
The Fair Market Rent (FMR) for Morgan County, KY is: $616 (Studio), $647 (1BR), $850 (2BR), $1151 (3BR), $1156 (4BR). Actual rent at subsidized properties like Frederick Place Apartments is typically 30% of household income or less.
What size apartments are available at Frederick Place Apartments?+
Frederick Place Apartments offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom units, for a total of 48 units.
What is the price range for apartments in West Liberty, KY?+
Based on Fair Market Rent for Morgan County, the estimated price range is: 1-bedroom: $647, 2-bedroom: $850. Actual rent at Frederick Place Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Morgan County, KY?+
For a 4-person household in Morgan 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 Frederick Place Apartments?+
Frederick Place Apartments is managed by . You can reach them at .
What is the HUD inspection score for Frederick Place Apartments?+
Frederick Place Apartments has a HUD inspection score of 99 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who is eligible to live at Frederick Place Apartments?+
Frederick Place Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Frederick Place Apartments?+
Frederick Place Apartments 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.
Walk Score
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