220 Marksbury Ave, Lancaster, KY 40444
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2018 by Ayat Elkarib, Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
Since this property is a USDA 515 and LIHTC property that might have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
1, 2 and 3 bedroom apartment community. Please contact the leasing office for more details.
This property participates in the LIHTC program and the Section 8 Project-Based Rental Assistance program.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| 3 Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,750 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $26,250 / year | $30,000 / year | $33,750 / year | $37,450 / year | $40,450 / year | $43,450 / year |
| 50% AMI for PBRA Units | $26,250 / year | $30,000 / year | $33,750 / year | $37,450 / year | $40,450 / year | $43,450 / year |
| 60% AMI for LIHTC Units | $31,500 / year | $36,000 / year | $40,500 / year | $44,940 / year | $48,540 / year | $52,140 / year |
| 80% AMI for PBRA Units | $41,950 / year | $47,950 / year | $53,950 / year | $59,900 / year | $64,700 / year | $69,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lancaster Estates have a waiting list?
Lancaster Estates probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Lancaster Estates?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Lancaster Estates?
Lancaster Estates is managed by Kittle Property Group Inc headquartered in Indianapolis, IN.
In addition to Lancaster Estates, how many other affordable housing properties (and units) are there in Lancaster?
In addition to Lancaster Estates, we list 3 other affordable properties in Lancaster. Learn about these properties here. Our data research shows that there are a total of 201 affordable units in Lancaster.
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