Three Springs Townhomes

2404 Anderson Road, Crescent Springs, Kentucky 41017

 Three Springs Townhomes is a 40-unit, four building, multi-family and smoke-free community located in Kenton County.  The buildings house an assortment of two- and three-bedroom townhomes, one-, two- and three-bedroom garden flats, and handicap accessible garden flats. Units are equipped with high-efficiency gas furnaces, Energy Star light fixtures, and smart thermostats. A leasing office, community room, playground, and other amenities are provided on-site.

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Units

Unit (Bd/Ba) Ft2 Rent
1BR, 1BA Flat (1/1) - Income Based
2BR, 1BA Flat (2/1) - Income Based
2BR, 1BA Townhome (2/1) - Income Based
3BR, 1.5BA Flat (3/1.5) - Income Based
3BR, 1.5BA Townhome (3/1.5) - Income Based

Three Springs Townhomes Details

  • 40 1, 2 and 3 bedroom units.
  • Townhouse
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Smoke Free

Unit Amenities

  • Air Conditioning

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Crescent Springs Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Crescent Springs but actual income limits may differ for units at Three Springs Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person
Low Income (60%) $40,140 $45,840 $51,600 $57,300 $61,920 $66,480 $71,100

Three Springs Townhomes is managed by RLJ Management.

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