About This Property
Spring Hill Terrace contains 24 low-income rental units in Georgetown, Kentucky, comprising entirely two-bedroom floor plans. The property was placed in service in 1998 and operates under 4% Low-Income Housing Tax Credit financing. Management and leasing inquiries can be directed to the property contact.
Waitlist Information
Waitlist managed by Housing Authority of Georgetown
Preference is given to applicants living or working in Scott County, and to families with children, elderly, and disabled individuals. Applications are accepted every Tuesday between 9 am – 12 pm.
The HCV waiting list closed effective April 15, 2025, due to a high volume of applicants, and will remain closed until further notice. Income limits apply for all programs.
Waitlist data provided by section8waitlist.org
Updated June 16, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Scott 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 | $802 |
| 1 Bedroom | $983 |
| 2 Bedroom | $1,177 |
| 3 Bedroom | $1,599 |
| 4 Bedroom | $1,807 |
Income Limits - Scott County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,200
- Low (80%)
- $48,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,850
- Low (80%)
- $74,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,450 | $42,300 |
| 2 Persons | $18,150 | $30,200 | $48,350 |
| 3 Persons | $21,960 | $34,000 | $54,400 |
| 4 Persons | $26,500 | $37,750 | $60,400 |
| 5 Persons | $31,040 | $40,800 | $65,250 |
| 6 Persons | $35,580 | $43,800 | $70,100 |
| 7 Persons | $40,120 | $46,850 | $74,900 |
| 8 Persons | $44,660 | $49,850 | $79,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Georgetown, KY?+
The Fair Market Rent (FMR) for Scott County, KY is: $802 (Studio), $983 (1BR), $1177 (2BR), $1599 (3BR), $1807 (4BR). Actual rent at subsidized properties like Spring Hill Terrace is typically 30% of household income or less.
What size apartments are available at Spring Hill Terrace?+
Spring Hill Terrace offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Scott County, KY?+
For a 4-person household in Scott County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,750, Low Income (80% AMI): $60,400. These limits are set by HUD and updated annually.
What is the HUD inspection score for Spring Hill Terrace?+
Spring Hill Terrace has a HUD inspection score of 94 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 manages Spring Hill Terrace?+
Spring Hill Terrace is managed by . You can reach them at .
Is there a waitlist for Spring Hill Terrace?+
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.
How do I apply for housing at Spring Hill Terrace?+
Spring Hill Terrace 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.
What is the price range for apartments in Georgetown, KY?+
Based on Fair Market Rent for Scott County, the estimated price range is: 2-bedroom: $1177. Actual rent at Spring Hill Terrace may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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