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Community Towers
2526 W. Madison St., Louisville, Kentucky 40211
Experience the prestige, comfort and beauty that Community Towers can offer.
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 700 | Call for Price |
Community Towers Details
- 61 one 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% | $16,300 | $18,600 | $21,720 | $26,200 | $30,680 | $35,160 | $39,640 | $44,120 |
| 50% | $27,150 | $31,000 | $34,900 | $38,750 | $41,850 | $44,950 | $48,050 | $51,150 |
| 80% | $43,400 | $49,600 | $55,800 | $62,000 | $67,000 | $71,950 | $76,900 | $81,850 |
These general income qualifications for Louisville, 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.
Community Towers 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.
Community Towers is managed by Tesco Properties.
Nearby Low Income Apartment Communities
Fairington of Louisville
Jacob School Senior Apartments
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