Affordable Housing In Campbellsville
Taylor County, Kentucky

18 Low Income Apartment Communities In Campbellsville

Campbellsville Airview Apartments

710 High Pine
Campbellsville, KY
Call For Rent
2 BR

Campbellsville Group Home II

406 Bluegrass Dr
Campbellsville, KY
Accessible
Disabled Supportive Housing
Subsidized

Campbellsville Group Home

650 Steeplechase Dr
Campbellsville, KY
Accessible
Disabled Supportive Housing
Subsidized

Campbellsville Manor

110 Anna Ct
Campbellsville, KY
Subsidized

Crescent Hill Manor

500 Crescent Hill Mnr
Campbellsville, KY
Subsidized

Jackson Street Towers

1 Clem Haskins Blvd
Campbellsville, KY
Subsidized

Hearon Duplex II

116 Ashley Ave
Campbellsville, KY
HCV Welcome

Hearon Duplex I

120 Ashley Ave
Campbellsville, KY
HCV Welcome

Taylor County Community Hope

Hiestand Farm Rd
Campbellsville, KY
HCV Welcome

109 Roland St

109 Roland St
Campbellsville, KY
HCV Welcome

There are 18 low income housing apartment complexes which contain 618 affordable apartments for rent in Campbellsville. Many of these rental apartments are income based housing with 492 apartments that set rent based on your income. In Campbellsville, HUD housing programs support 186 rental assistance apartments through programs like Project-based Section 8. There are 86 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Campbellsville

Housing Authority Programs
Campbellsville Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Campbellsville, Kentucky

Campbellsville, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 618
Total Rent Assisted Apartments 492
Percentage of Housing Units Occupied By Renters 48.97%
Average Renter Household Size 2.19
Total Population 10,983
Housing Units 4,405
Average Household Size 2.26
Median Household Income $28,673 ±$3,058
Median Rent $571 ±$36
Percentage Of Renters Overburdened 47.75% ± 9.31pp

Population and Household Demographics

Campbellsville is a City in Taylor County, Kentucky with a population of 10,983. There are 4,405 households in the city with an average household size of 2.26 persons. 48.97% of households in Campbellsville are renters.

Income and Rent Overburden in Campbellsville

The median gross income for households in Campbellsville is $28,673 a year, or $2,389 a month. The median rent for the city is $571 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Campbellsville, a household making less than $1,903 a month would be considered overburdened when renting an apartment at or above the median rent. 47.75% of households who rent are overburdened in Campbellsville.1

Area Median Income In Campbellsville

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Campbellsville, the AMI is calculated from all households within Taylor County.

In Campbellsville, HUD calculates the Area Median Income for a family of four as $45,800

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Campbellsville

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Campbellsville HUD Rental Assistance in Campbellsville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,600 $27,650 $29,700 $31,750 $33,800
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
80% of Median $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100
Low Income Housing Tax Credits in Campbellsville

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 2010, 11 low income apartment communities containing 120 rental apartments have been constructed and made affordable to low income persons in Campbellsville by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Campbellsville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
60% of Median $21,540 $24,600 $27,660 $30,720 $33,180 $35,640 $38,100 $40,560

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Campbellsville is $27,660 a year, or $2,305 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,305 by 30% to get a maximum rent of $692 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $449 $481 $576 $666 $743 $819
60% $539 $577 $692 $799 $891 $983
Fair Market Rents in Campbellsville

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$492 $495 $618 $815 $906