Homownership

461 Ash St, Lexington, Kentucky 40508

Homownership Details

  • 17 units.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Lexington 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 Lexington but actual income limits may differ for units at Homownership.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,650 $17,900 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $26,100 $29,800 $33,550 $37,250 $40,250 $43,250 $46,200 $49,200
80% $41,750 $47,700 $53,650 $59,600 $64,400 $69,150 $73,950 $78,700

These general income qualifications for Lexington, 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.

Homownership 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.

Homownership is managed by Lexington-Fayette Urban County Housing Authority.

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