Villa Madonna South Apartments

85 Father Riney Rd, Fancy Farm, Kentucky 42039

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Waiting List is Open Now

The Villa Madonna South Apartments waiting list is currently open until further notice.

Last updated on June 12th, 2019

Villa Madonna South Apartments Details

  • 12 bedroom units.
  • Section 202 Supportive Housing for the Elderly

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Fancy Farm HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Fancy Farm but actual income limits may differ for units at Villa Madonna South Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,900 $18,310 $23,030 $27,750 $32,470 $37,190 $40,950 $43,600
50% $23,100 $26,400 $29,700 $33,000 $35,650 $38,300 $40,950 $43,600
80% $36,950 $42,200 $47,500 $52,750 $57,000 $61,200 $65,450 $69,650

Villa Madonna South Apartments is managed by Housing Authority of Mayfield.

Nearby Low Income Apartment Communities

Villa Madonna East

48 Father Riney Rd
Fancy Farm, Kentucky

Villa Madonna West Apartments

36 Father Riney Rd
Fancy Farm, Kentucky
Rent Assisted
Elderly Supportive Housing