Villa Madonna South Apartments

85 Father Riney Rd, Fancy Farm, Kentucky 42039

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Last updated on June 12th, 2019

Villa Madonna South Apartments Details

  • 12 units.
  • Project-Based Rental Assistance
  • Senior (62+)
  • Accessible Units
  • Supportive Housing for the Elderly

About Villa Madonna South Apartments

Applications are ONLY taken online at mayfieldhousing.com.      
        

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% $12,490 $16,910 $21,330 $25,750 $30,170 $32,550 $34,800 $37,050
50% $19,650 $22,450 $25,250 $28,050 $30,300 $32,550 $34,800 $37,050
80% $31,450 $35,950 $40,450 $44,900 $48,500 $52,100 $55,700 $59,300

These general income qualifications for Fancy Farm, Kentucky should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Villa Madonna South Apartments receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

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

Nearby Low Income Apartment Communities

Villa Madonna West Apartments

36 Father Riney Rd
Fancy Farm, KY
62+
Accessible
Elderly Supportive Housing
Subsidized

Villa Madonna East

48 Father Riney Rd
Fancy Farm, KY