1200 Bill Wentz Drive, Florence, KY 41042
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
At ERS, we believe that older adults should live with dignity and comfort in a safe, nurturing, and stimulating environment no matter their financial situation.
Episcopal Retirement Services is proud to offer rent-subsidized, affordable senior living communities that provide a variety of options and services not often found in communities for seniors with limited incomes.
Because Scheper Ridge participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year | $54,600 / year | $58,650 / year | $62,700 / year | $66,750 / year |
| 50% AMI for PBRA Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year | $54,600 / year | $58,650 / year | $62,700 / year | $66,750 / year |
| 60% AMI for LIHTC Units | $42,480 / year | $48,540 / year | $54,600 / year | $60,660 / year | $65,520 / year | $70,380 / year | $75,240 / year | $80,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Scheper Ridge have a waiting list?
Scheper Ridge probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Scheper Ridge ?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Scheper Ridge ?
Scheper Ridge is managed by Episcopal Retirement Services headquartered in Cincinnati, OH.
In addition to Scheper Ridge , how many other affordable housing properties (and units) are there in Florence?
In addition to Scheper Ridge , we list 15 other affordable properties in Florence. Learn about these properties here. Our data research shows that there are a total of 636 affordable units in Florence.
When was the Scheper Ridge listing last updated?
Scheper Ridge listing on Affordable Housing Online was last updated on 01/01/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
Looking for housing as soon as possible?
Applying for waiting lists with preferences that you qualify for may help shorten the wait for available housing.Rose Carr says:
"Affordable Housing Online is a great resource to finding Section 8 waitlists that are open!"