Community Towers

2526 W. Madison St., Louisville, Kentucky 40211

Experience the prestige, comfort and beauty that Community Towers can offer.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 700 Call for Price

Community Towers Details

  • 61 0 bedroom units.
  • Section 202 Supportive Housing for the Elderly

Property Amenities

  • 24hr Emergency Maintenance

Unit Amenities

  • Cable Ready
  • Spacious Closets
  • Window Coverings
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Schools

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Louisville 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 Louisville but actual income limits may differ for units at Community Towers.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,150 $18,450 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $26,950 $30,800 $34,650 $38,450 $41,550 $44,650 $47,700 $50,800
80% $43,050 $49,200 $55,350 $61,500 $66,450 $71,350 $76,300 $81,200

Community Towers is managed by Tesco Properties.

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