About This Property
Midway School Apartments offers 24 units in Midway, Kentucky, including 14 designated low-income units that serve elderly residents. The property features a mix of floor plans with 17 one-bedroom, 2 two-bedroom, and 5 four-bedroom units. Built in 1998, the community participates in the 4% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Woodford 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 - Woodford 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Midway, KY?+
The Fair Market Rent (FMR) for Woodford County, KY is: $802 (Studio), $983 (1BR), $1177 (2BR), $1599 (3BR), $1807 (4BR). Actual rent at subsidized properties like Midway School Apartments is typically 30% of household income or less.
What size apartments are available at Midway School Apartments?+
Midway School Apartments offers the following unit types: 17 One-Bedroom, 2 Two-Bedroom, 5 Four-Bedroom units, for a total of 24 units.
How do I apply for housing at Midway School Apartments?+
Midway School 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.
Who manages Midway School Apartments?+
Midway School Apartments is managed by . You can reach them at .
What is the price range for apartments in Midway, KY?+
Based on Fair Market Rent for Woodford County, the estimated price range is: 1-bedroom: $983, 2-bedroom: $1177. Actual rent at Midway School Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Woodford County, KY?+
For a 4-person household in Woodford 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.
Who is eligible to live at Midway School Apartments?+
Midway School Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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