Latest News:
Section 8 Waiting List Announcements - August 15, 2022
Data connects toxic waste sites and federal housing assistance - August 10, 2022
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.
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 |
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.
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.