About This Property
Mt. Vernon Greens Apartments comprises 24 units serving families in Mt. Vernon, Kentucky, with 12 one-bedroom and 12 two-bedroom floor plans. The property was placed in service in 2010 and utilizes 9% Low-Income Housing Tax Credits to provide affordable housing options in Rockcastle County.
Property Details
Fair Market Rent - Rockcastle 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 | $1,130 |
| 4 Bedroom | $1,156 |
Income Limits - Rockcastle 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 Mt Vernon, KY?+
The Fair Market Rent (FMR) for Rockcastle County, KY is: $616 (Studio), $647 (1BR), $850 (2BR), $1130 (3BR), $1156 (4BR). Actual rent at subsidized properties like Mt. Vernon Greens Apartments is typically 30% of household income or less.
What size apartments are available at Mt. Vernon Greens Apartments?+
Mt. Vernon Greens Apartments offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Rockcastle County, KY?+
For a 4-person household in Rockcastle 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.
What is the price range for apartments in Mt Vernon, KY?+
Based on Fair Market Rent for Rockcastle County, the estimated price range is: 1-bedroom: $647, 2-bedroom: $850. Actual rent at Mt. Vernon Greens Apartments may be lower for income-eligible households.
Who manages Mt. Vernon Greens Apartments?+
Mt. Vernon Greens Apartments is managed by . You can reach them at .
Who is eligible to live at Mt. Vernon Greens Apartments?+
Mt. Vernon Greens 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 Mt. Vernon Greens Apartments?+
Mt. Vernon Greens 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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