About This Property
Telford Apartments consists of 24 low-income units in Richmond, Kentucky, serving families and elderly residents. The property, placed in service in 1996, offers a mix of one-bedroom, two-bedroom, three-bedroom, and four-bedroom units. This non-profit-owned community participates in the 4% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by City of Richmond Section 8 Housing Program
The Public Housing waiting list is currently accepting pre-applications for families and senior/disabled households. Applications remain open until the desired ratio to annual turns is reached. The Housing Authority of Richmond has a preference point system.
The waiting list for the Section 8 Housing Choice Voucher program is currently closed.
Waitlist data provided by section8waitlist.org
Updated May 8, 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 |
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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 Telford Apartments is typically 30% of household income or less.
What size apartments are available at Telford Apartments?+
Telford Apartments offers the following unit types: 1 One-Bedroom, 11 Two-Bedroom, 10 Three-Bedroom, 2 Four-Bedroom units, for a total of 24 units.
Who manages Telford Apartments?+
Telford Apartments is managed by . You can reach them at .
How do I apply for housing at Telford Apartments?+
Telford Apartments 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 Richmond, KY?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $794, 2-bedroom: $914, 3-bedroom: $1288. Actual rent at Telford Apartments may be lower for income-eligible households.
Is there a waitlist for Telford Apartments?+
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.
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.
Who is eligible to live at Telford Apartments?+
Telford Apartments primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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