About This Property
Bay Berry Townhomes consists of 32 low-income units in Flatwoods, Kentucky, with a unit mix of 24 two-bedroom and 8 three-bedroom townhomes. The property was placed in service in 1999 and utilizes 4% Low-Income Housing Tax Credits. The development serves households in Greenup County.
Property Details
Fair Market Rent - Greenup 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 | $793 |
| 1 Bedroom | $815 |
| 2 Bedroom | $938 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,431 |
Income Limits - Greenup County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,050
- Very Low (50%)
- $21,700
- Low (80%)
- $34,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,900
- Low (80%)
- $44,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,000
- Low (80%)
- $57,550
- Extremely Low (30%)
- $38,450
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,950
- Very Low (50%)
- $40,950
- Low (80%)
- $65,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,050 | $21,700 | $34,750 |
| 2 Persons | $17,420 | $24,800 | $39,700 |
| 3 Persons | $21,960 | $27,900 | $44,650 |
| 4 Persons | $26,500 | $31,000 | $49,600 |
| 5 Persons | $31,040 | $33,500 | $53,600 |
| 6 Persons | $35,580 | $36,000 | $57,550 |
| 7 Persons | $38,450 | $38,450 | $61,550 |
| 8 Persons | $40,950 | $40,950 | $65,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Flatwoods, KY?+
The Fair Market Rent (FMR) for Greenup County, KY is: $793 (Studio), $815 (1BR), $938 (2BR), $1236 (3BR), $1431 (4BR). Actual rent at subsidized properties like Bay Berry Townhomes is typically 30% of household income or less.
What size apartments are available at Bay Berry Townhomes?+
Bay Berry Townhomes offers the following unit types: 24 Two-Bedroom, 8 Three-Bedroom units, for a total of 32 units.
How do I apply for housing at Bay Berry Townhomes?+
Bay Berry Townhomes 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 Flatwoods, KY?+
Based on Fair Market Rent for Greenup County, the estimated price range is: 2-bedroom: $938, 3-bedroom: $1236. Actual rent at Bay Berry Townhomes may be lower for income-eligible households.
Who manages Bay Berry Townhomes?+
Bay Berry Townhomes is managed by . You can reach them at .
What are the income limits for affordable housing in Greenup County, KY?+
For a 4-person household in Greenup County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,000, Low Income (80% AMI): $49,600. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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