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.
This property is currently under construction.
Expected to be completed in early 2020. For more information contact the AU office at 859-233-2009.
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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.
Meadowthorpe Senior Housing is managed by AU Associates.