About This Property
Paint Landing contains 24 low-income residential units in Stambaugh, Kentucky, with a mix of two-bedroom, three-bedroom, and four-bedroom floor plans. The property has been in service since 2007 and receives 9% Low-Income Housing Tax Credit funding. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Johnson 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 | $616 |
| 1 Bedroom | $647 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,120 |
| 4 Bedroom | $1,156 |
Income Limits - Johnson 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stambaugh, KY?+
The Fair Market Rent (FMR) for Johnson County, KY is: $616 (Studio), $647 (1BR), $850 (2BR), $1120 (3BR), $1156 (4BR). Actual rent at subsidized properties like Paint Landing is typically 30% of household income or less.
What size apartments are available at Paint Landing?+
Paint Landing offers the following unit types: 8 Two-Bedroom, 12 Three-Bedroom, 4 Four-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Johnson County, KY?+
For a 4-person household in Johnson 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 Stambaugh, KY?+
Based on Fair Market Rent for Johnson County, the estimated price range is: 2-bedroom: $850, 3-bedroom: $1120. Actual rent at Paint Landing may be lower for income-eligible households.
Who manages Paint Landing?+
Paint Landing is managed by . You can reach them at .
How do I apply for housing at Paint Landing?+
Paint Landing 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Paint Landing
Southland Housing
Paintsville, KY
2 UnitsPaint Lick Station
Stambaugh, KY
24 UnitsPaint Lick Station
Stambaugh, KY
24 Units
Housing Authority of Paintsville
Paintsville, KY
360 UnitsKarp - Johnson County
Paintsville, KY
2 Units454 Hidden Valley Rd
Paintsville, KY
20 Units