Meadowthorpe Senior Housing

1447 Antique Drive, Lexington, KY 40511

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Ayat Elkarib, Ric Gresia

Rent	Beds	Baths	SqFt
Call for Rents^†	1 Bed	1 Bath	-

This property is currently under construction.

Expected to be completed in early 2020. For more information contact the AU office at 859-233-2009.

Meadowthorpe Senior Housing is a new construction, 71 unit, affordable apartment building for seniors 55+ in the Meadowthorpe neighborhood of Lexington, KY. The project began construction in January 2019 and is expected to be completed in early 2020.

Dave's Thoughts On Meadowthorpe Senior Housing

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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Meadowthorpe Senior Housing does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Meadowthorpe Senior Housing Amenities

Community Room
Handicapped Accessible

Units at Meadowthorpe Senior Housing

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price^†

Income Qualification for Meadowthorpe Senior Housing

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
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

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Meadowthorpe Senior Housing

Does Meadowthorpe Senior Housing have a waiting list?

Meadowthorpe Senior Housing 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 Meadowthorpe Senior Housing ?

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 Meadowthorpe Senior Housing ?

Meadowthorpe Senior Housing is managed by AU Associates headquartered in Lexington, KY.

In addition to Meadowthorpe Senior Housing , how many other affordable housing properties (and units) are there in Lexington?

In addition to Meadowthorpe Senior Housing , 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.