About This Property
This property contains 8 low-income residential units in Corinth, Kentucky. The units are situated at the intersection of US 25 and Church Street in Grant County. The property currently operates as affordable housing.
Property Details
Fair Market Rent - Grant 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 | $661 |
| 1 Bedroom | $742 |
| 2 Bedroom | $975 |
| 3 Bedroom | $1,179 |
| 4 Bedroom | $1,552 |
Income Limits - Grant County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,600
- Low (80%)
- $31,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,400
- Low (80%)
- $35,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $30,250
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $32,500
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $34,750
- Very Low (50%)
- $34,750
- Low (80%)
- $55,600
- Extremely Low (30%)
- $37,000
- Very Low (50%)
- $37,000
- Low (80%)
- $59,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,600 | $31,400 |
| 2 Persons | $17,420 | $22,400 | $35,850 |
| 3 Persons | $21,960 | $25,200 | $40,350 |
| 4 Persons | $26,500 | $28,000 | $44,800 |
| 5 Persons | $30,250 | $30,250 | $48,400 |
| 6 Persons | $32,500 | $32,500 | $52,000 |
| 7 Persons | $34,750 | $34,750 | $55,600 |
| 8 Persons | $37,000 | $37,000 | $59,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Corinth, KY?+
The Fair Market Rent (FMR) for Grant County, KY is: $661 (Studio), $742 (1BR), $975 (2BR), $1179 (3BR), $1552 (4BR). Actual rent at subsidized properties like Us 25 & Church St is typically 30% of household income or less.
What are the income limits for affordable housing in Grant County, KY?+
For a 4-person household in Grant County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,000, Low Income (80% AMI): $44,800. These limits are set by HUD and updated annually.
How do I apply for housing at Us 25 & Church St?+
Us 25 & Church St 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.
Who manages Us 25 & Church St?+
Us 25 & Church St is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Grant County, KY
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