About This Property
Hopewell Apartments comprises 30 low-income units in Paris, Kentucky, offering a mix of 14 two-bedroom and 16 three-bedroom floor plans designed to serve families. The property was placed in service in 2012 and operates with 9% Low-Income Housing Tax Credit financing. Bourbon County residents can contact the property directly for information about availability and the application process.
Waitlist Information
Waitlist managed by Paris-Bourbon County Community Dev. Agency
Accepting pre-applications for families and senior/disabled households, with a preference for Bourbon County residents. Eligibility requires meeting income, age/disability, and US citizenship/eligible immigration status; declining two invitations will purge the application.
The Section 8 waiting list for Paris-Bourbon County Community Development Agency closed on October 1, 2025. The average wait time for the program could be three to five years.
Waitlist data provided by section8waitlist.org
Updated September 5, 2026
Property Details
Fair Market Rent - Bourbon 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 - Bourbon 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 Paris, KY?+
The Fair Market Rent (FMR) for Bourbon County, KY is: $802 (Studio), $983 (1BR), $1177 (2BR), $1599 (3BR), $1807 (4BR). Actual rent at subsidized properties like Hopewell Apartments is typically 30% of household income or less.
What size apartments are available at Hopewell Apartments?+
Hopewell Apartments offers the following unit types: 14 Two-Bedroom, 16 Three-Bedroom units, for a total of 30 units.
Who manages Hopewell Apartments?+
Hopewell Apartments is managed by . You can reach them at .
How do I apply for housing at Hopewell Apartments?+
Hopewell 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.
What is the price range for apartments in Paris, KY?+
Based on Fair Market Rent for Bourbon County, the estimated price range is: 2-bedroom: $1177, 3-bedroom: $1599. Actual rent at Hopewell Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Bourbon County, KY?+
For a 4-person household in Bourbon 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 Hopewell Apartments?+
Hopewell Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Hopewell Apartments?+
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.
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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