About This Property
Richmond Green offers 60 low-income residential units in Richmond, Kentucky, comprising 20 one-bedroom and 40 two-bedroom apartments. The property has been in service since 1998 and participates in the 9% Low-Income Housing Tax Credit program. Units are available to qualified low-income households in Madison County.
Waitlist Information
Waitlist managed by City of Richmond Section 8 Housing Program
The Housing Authority of Richmond is accepting applications for the waiting list for Robinson Terrace, Smith Village, and Willis Manor properties, which serve families and senior/disabled households and have a preference point system. Applications are available for pickup at the Housing Authority office or can be mailed upon request; appointments are required to submit pre-applications.
The waiting list for the City of Richmond Section 8 Housing Program (HCV) in Richmond, KY is currently closed.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Madison 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 | $750 |
| 1 Bedroom | $794 |
| 2 Bedroom | $914 |
| 3 Bedroom | $1,288 |
| 4 Bedroom | $1,301 |
Income Limits - Madison County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Richmond, KY?+
The Fair Market Rent (FMR) for Madison County, KY is: $750 (Studio), $794 (1BR), $914 (2BR), $1288 (3BR), $1301 (4BR). Actual rent at subsidized properties like Richmond Green is typically 30% of household income or less.
What size apartments are available at Richmond Green?+
Richmond Green offers the following unit types: 20 One-Bedroom, 40 Two-Bedroom units, for a total of 60 units.
What is the price range for apartments in Richmond, KY?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $794, 2-bedroom: $914. Actual rent at Richmond Green may be lower for income-eligible households.
What are the income limits for affordable housing in Madison County, KY?+
For a 4-person household in Madison County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
How do I apply for housing at Richmond Green?+
Richmond Green 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.
Who manages Richmond Green?+
Richmond Green is managed by . You can reach them at .
Is there a waitlist for Richmond Green?+
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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Richmond Green
Eastern Scholar House
Richmond, KY
39 UnitsLiberty Place Recovery Center for Women
Richmond, KY
38 UnitsEastern Scholar House
Richmond, KY
39 UnitsLiberty Place Recovery Center for Women
Richmond, KY
38 UnitsTelford Apartments
Richmond, KY
24 UnitsMadison Towers
Richmond, KY
102 Units