850 W. Muhammad Ali Blvd, Louisville, KY 40203
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2019 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 500 Sq Ft |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
At J.O. Blanton House, you will appreciate the One Stop Shop conveniences of our on-site grocery, beauty shop, fitness room, billards room, laundry room and community room with decorative awnings, giving the true feel of Main Street. This newly renovated high-rise setting also offers breathtaking views that come second to none. Our floor plan offers our residents comfort and quality. Say goodbye to high rents and sky rocketing utility bills and let us offer you Affordable rents, All Utilities Paid and Free Parking. Spend an afternoon relaxing under the trees while feeding the squirrels or watching the birds splash around in their birdbath. Or choose an evening of excitement with friends as you stroll down to 4th Street Live. Hurry and Stop by anytime to visit and tour our open house and meet our professional and courteous staff. J.O. Blanton House is quite simply the place to unwind and take advantage of the many amenities and community activities available or if you would prefer, the sheer luxury of doing nothing at all.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since J.O. Blanton House has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 500ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,850 / year | $21,550 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year | $55,650 / year | $59,250 / year |
| 50% AMI for PBRA Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year | $55,650 / year | $59,250 / year |
| 60% AMI for LIHTC Units | $37,680 / year | $43,080 / year | $48,480 / year | $53,820 / year | $58,140 / year | $62,460 / year | $66,780 / year | $71,100 / year |
| 80% AMI for PBRA Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year | $77,500 / year | $83,250 / year | $89,000 / year | $94,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does J.O. Blanton House have a waiting list?
J.O. Blanton House probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at J.O. Blanton House?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges J.O. Blanton House?
J.O. Blanton House is managed by Tesco Properties headquartered in Germantown, Tennessee.
In addition to J.O. Blanton House, how many other affordable housing properties (and units) are there in Louisville?
In addition to J.O. Blanton House, we list 524 other affordable properties in Louisville. Learn about these properties here. Our data research shows that there are a total of 15487 affordable units in Louisville.
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Cathey Hickle says:
"This website is my lifeline to finding affordable housing near my family. Thank you, Affordable Housing Online, for all you do!"