About This Property
Kate Corner is a 28-unit affordable housing community in Leitchfield, Kentucky that was placed in service in 2011. The property consists entirely of two-bedroom units and serves elderly residents through a 9% Low-Income Housing Tax Credit (LIHTC) program. This non-profit owned community provides rental housing for seniors in Grayson County.
Property Details
Fair Market Rent - Grayson 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 | $677 |
| 1 Bedroom | $682 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,128 |
| 4 Bedroom | $1,132 |
Income Limits - Grayson 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Leitchfield, KY?+
The Fair Market Rent (FMR) for Grayson County, KY is: $677 (Studio), $682 (1BR), $850 (2BR), $1128 (3BR), $1132 (4BR). Actual rent at subsidized properties like Kate Corner is typically 30% of household income or less.
What size apartments are available at Kate Corner?+
Kate Corner offers the following unit types: 28 Two-Bedroom units, for a total of 28 units.
Who is eligible to live at Kate Corner?+
Kate Corner primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Kate Corner?+
Kate Corner is managed by . You can reach them at .
How do I apply for housing at Kate Corner?+
Kate Corner 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 are the income limits for affordable housing in Grayson County, KY?+
For a 4-person household in Grayson 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 Leitchfield, KY?+
Based on Fair Market Rent for Grayson County, the estimated price range is: 2-bedroom: $850. Actual rent at Kate Corner may be lower for income-eligible households.
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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