635 Ballard St, Lexington, KY 40508
Waiting List Forecast: Closed
Verified for 2019 by Ayat ElkaribRent | Beds | Baths | SqFt |
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Call for Rents† | Floorplan Info Upon Request | - | - |
Northwest Lexington and Northeast Lexington, General Waiting List
The Lexington-Fayette Urban County Housing Authority (LHA) Public Housing waiting list for apartments at Northwest Lexington and Northeast Lexington is currently closed. Applications were last accepted from August 9, 2021, until October 31, 2021. There is no notice of when this waiting list will reopen.
To apply during the opening period, applicants were required to complete the online application.
Preferences have not yet been confirmed.
It was not known how applicants will be placed on the waiting list.
For more information, visit the LHA website.
Sources: This information was verified by the LHA public notice on August 6, 2021.
Go to the public housing authority page for this waiting list >>
Ballard Tower Apartments have 134 units that are for persons 62 and older.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Ballard Tower Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
---|---|---|---|---|---|---|---|---|
30% AMI for PBRA Units | $18,800 / year | $21,450 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
50% AMI for LIHTC Units | $31,300 / year | $35,750 / year | $40,200 / year | $44,650 / year | $48,250 / year | $51,800 / year | $55,400 / year | $58,950 / year |
50% AMI for PBRA Units | $31,300 / year | $35,750 / year | $40,200 / year | $44,650 / year | $48,250 / year | $51,800 / year | $55,400 / year | $58,950 / year |
60% AMI for LIHTC Units | $37,560 / year | $42,900 / year | $48,240 / year | $53,580 / year | $57,900 / year | $62,160 / year | $66,480 / year | $70,740 / year |
80% AMI for PBRA Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year | $88,600 / year | $94,350 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ballard Tower Apartments have a waiting list?
Ballard Tower Apartments has a waiting list. See above for waiting list details.
Are rents subsidized at Ballard Tower Apartments?
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.
In addition to Ballard Tower Apartments, how many other affordable housing properties (and units) are there in Lexington?
In addition to Ballard Tower Apartments, we list 176 other affordable properties in Lexington. Learn about these properties here. Our data research shows that there are a total of 5333 affordable units in Lexington.
1601 Villa Medici Pass, Lexington, Kentucky 40509
179 Market St, Lexington, Kentucky 40507
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Sabrina Roberts says:
"Affordable Housing Online is a wonderful resource that will assist an enormous amount of people."