WARM Residences

38 N McKinley St, Henderson, Kentucky 42420

WARM Residences, located at 38 N McKinley St in Henderson, has two and three bedroom apartments. WARM Residences participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/2) - Call for Price

WARM Residences Details

  • 32 two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Fitness Center
  • Playground
  • BBQ/Picnic Area
  • Community Room
  • On-Site Parking
  • Grilling Area

Unit Amenities

  • Handicapped Accessible
  • Washer/Dryer Hookup
  • Fully Equipped Kitchen

Office Hours

Day Hours
Monday 8:00am-4:00pm
Tuesday 8:00am-4:00pm
Wednesday 8:00am-4:00pm
Thursday 8:00am-4:00pm
Friday 8:00am-4:00pm

About WARM Residences

WARM Residences is an apartment complex located adjacent to the campus of the Women’s Addiction Recovery Manor. Their  mission is to provide a drug and alcohol free environment for tenants, their families, and guests of the property.  They strive to ensure that everyone who resides and visits WARM Residences lives a clean and sober life.

 

The 32 unit complex was constructed in 2011.  The campus consists of 8 three bedroom units with 2 baths and 24 two bedroom units with 1 bath.  They have a Community building on the property that houses the main leasing office, exercise room, children’s play area and a comfortable meeting and gathering space equipped with full kitchen.  The Community building may be used by tenants for various functions in coordination with Site Manager.  

All apartment units come with the following amenities: Fully equipped kitchen with stove, refrigerator, and dishwasher, Washer/Dryer hook up in units, Grills and picnic area, Playground, Secured Mailboxes, Handicap accessible units available upon request, 12 step recovery meetings easily accessible, Ample Parking, Quarterly tenant meetings and newsletter.

  

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.

Henderson 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 Henderson but actual income limits may differ for units at WARM Residences.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,550 $26,900 $30,250 $33,600 $36,300 $39,000 $41,700 $44,400
Low Income (60%) $28,260 $32,280 $36,300 $40,320 $43,560 $46,800 $50,040 $53,280

WARM Residences was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

WARM Residences is managed by Women's Addiction Recovery Manor (WARM).

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