Low Income (LIHTC)Waitlist Open

Lease/Purchase Program

2824 S 5th St, Louisville, KY, 40208

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

This property in Louisville, Kentucky contains 6 units designated for low-income households. The buildings have been in service since 1995 and are financed through the 9% Low-Income Housing Tax Credit program. The property operates under a lease/purchase program structure.

Waitlist Information

Waitlist managed by Louisville Metro Housing Authority

Public Housing Waitlist

Open

Apply: Multiple

The waiting list is open until further notice; preferences include displaced victims of domestic violence, displaced by government action, rent burden, substandard living conditions, or homelessness; applicants can be referred by Family Health Centers or apply based on bedroom size and date received.

Last verified April 24, 2026

Section 8 (HCV) Waitlist

Closed

Section 8 applications are currently closed, and the application process for Metro Louisville was put on hold as of July 1, 2024.

Last verified February 27, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units

Fair Market Rent - Jefferson 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	$976
1 Bedroom	$1,077
2 Bedroom	$1,301
3 Bedroom	$1,701
4 Bedroom	$1,955

Income Limits - Jefferson County, KY

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,150
Very Low (50%): $26,950
Low (80%): $43,050

2 Persons

Extremely Low (30%): $18,450
Very Low (50%): $30,800
Low (80%): $49,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $34,650
Low (80%): $55,350

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $38,450
Low (80%): $61,500

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $41,550
Low (80%): $66,450

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $44,650
Low (80%): $71,350

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $47,700
Low (80%): $76,300

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $50,800
Low (80%): $81,200

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,150	$26,950	$43,050
2 Persons	$18,450	$30,800	$49,200
3 Persons	$21,960	$34,650	$55,350
4 Persons	$26,500	$38,450	$61,500
5 Persons	$31,040	$41,550	$66,450
6 Persons	$35,580	$44,650	$71,350
7 Persons	$40,120	$47,700	$76,300
8 Persons	$44,660	$50,800	$81,200

Tax Credit Program Details

Year Placed in Service

1995

LIHTC Credit Type

Low-Income Units

6 / 6

Frequently Asked Questions

What is the average rent for affordable housing in Louisville, KY?+

The Fair Market Rent (FMR) for Jefferson County, KY is: $976 (Studio), $1077 (1BR), $1301 (2BR), $1701 (3BR), $1955 (4BR). Actual rent at subsidized properties like Lease/Purchase Program is typically 30% of household income or less.

What are the income limits for affordable housing in Jefferson County, KY?+

For a 4-person household in Jefferson County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,450, Low Income (80% AMI): $61,500. These limits are set by HUD and updated annually.

Who manages Lease/Purchase Program?+

Lease/Purchase Program is managed by . You can reach them at .

How do I apply for housing at Lease/Purchase Program?+

Lease/Purchase Program 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.

Is there a waitlist for Lease/Purchase Program?+

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.

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