3100 Roberts Dr , Ashland, KY 41102
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $539 - 803 per Month† | 1 - 4 Beds | 1 - 2 Baths | 563 - 1,067 Sq Ft |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Welcome to Ashland Terrace, an apartment community for families and those 62 years and better, handicapped, or disabled. Enjoy the comfort of a quiet, community living here at our beautiful park-like setting.
Our spacious 1, 2, 3, and 4, bedroom apartments and townhomes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance free living, our community has the amenities you want and deserve. For your pleasure, our community features a fitness room with 24-hour access, a laundry facility with 24-hour access, a community garden, and a computer lab.
Ashland Terrace is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from Wal-Mart, Kroger's, The Ashland Town Center mall, and numerous restaurants. Call us today to make an appointment to see for yourself why Ashland Terrace Apartments should be your new home. We look forward to hearing from you!
Rents are based on income and calculated exclusively to 30% of the household's combined adjusted income. A waiting list may apply. Full financial disclosure is required. Maximum income guidelines apply.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Ashland Terrace has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 563ft2 | $539† |
| 2 Bedroom (2/1) | 699ft2 | $610† |
| 3 Bedroom (3/1.5) | 966ft2 | $735† |
| 4 Bedroom (4/2) | 1067ft2 | $803† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $14,580 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,150 / year | $42,950 / year | $45,700 / year |
| 50% AMI for LIHTC Units | $24,250 / year | $27,700 / year | $31,150 / year | $34,600 / year | $37,400 / year | $40,150 / year | $42,950 / year | $45,700 / year |
| 50% AMI for PBRA Units | $24,250 / year | $27,700 / year | $31,150 / year | $34,600 / year | $37,400 / year | $40,150 / year | $42,950 / year | $45,700 / year |
| 60% AMI for LIHTC Units | $29,100 / year | $33,240 / year | $37,380 / year | $41,520 / year | $44,880 / year | $48,180 / year | $51,540 / year | $54,840 / year |
| 80% AMI for PBRA Units | $38,750 / year | $44,300 / year | $49,850 / year | $55,350 / year | $59,800 / year | $64,250 / year | $68,650 / year | $73,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ashland Terrace have a waiting list?
Ashland Terrace probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Ashland Terrace?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Ashland Terrace?
Ashland Terrace is managed by Millennia Housing Management headquartered in Cleveland, Ohio.
In addition to Ashland Terrace, how many other affordable housing properties (and units) are there in Ashland?
In addition to Ashland Terrace, we list 10 other affordable properties in Ashland. Learn about these properties here. Our data research shows that there are a total of 1085 affordable units in Ashland.
When was the Ashland Terrace listing last updated?
Ashland Terrace listing on Affordable Housing Online was last updated on 01/02/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
Landsdowne Dr, Ashland, Kentucky 41102
Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.Shirley Toran says:
"Affordable Housing Online is very good at keeping me informed on new and future dates for waiting list applications."