About This Property
Elkhorn City School Apartments comprises 27 low-income residential units in Elkhorn City, Kentucky, with a mix of one-, two-, and three-bedroom floor plans serving families. The property, which entered service in 2018, includes twelve one-bedroom units, eleven two-bedroom units, and four three-bedroom units. The development holds 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Pike 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 | $660 |
| 1 Bedroom | $784 |
| 2 Bedroom | $911 |
| 3 Bedroom | $1,102 |
| 4 Bedroom | $1,324 |
Income Limits - Pike 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 Elkhorn City, KY?+
The Fair Market Rent (FMR) for Pike County, KY is: $660 (Studio), $784 (1BR), $911 (2BR), $1102 (3BR), $1324 (4BR). Actual rent at subsidized properties like Elkhorn City School Apartments is typically 30% of household income or less.
What size apartments are available at Elkhorn City School Apartments?+
Elkhorn City School Apartments offers the following unit types: 12 One-Bedroom, 11 Two-Bedroom, 4 Three-Bedroom units, for a total of 27 units.
Who is eligible to live at Elkhorn City School Apartments?+
Elkhorn City School Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Elkhorn City, KY?+
Based on Fair Market Rent for Pike County, the estimated price range is: 1-bedroom: $784, 2-bedroom: $911, 3-bedroom: $1102. Actual rent at Elkhorn City School Apartments may be lower for income-eligible households.
How do I apply for housing at Elkhorn City School Apartments?+
Elkhorn City 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 are the income limits for affordable housing in Pike County, KY?+
For a 4-person household in Pike 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 Elkhorn City School Apartments?+
Elkhorn City School Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car