Main Cross Apartments are conveniently located in the heart of historic downtown Mount Sterling, Kentucky, within walking distance to store front restaurants, a grocery store, City Hall, the courthouse, a post office, the civic center, banks and utility companies (water & electric).
Main Cross features one-bedroom/one-bath and two-bedroom/one bath units, including apartments for sight-, hearing- and mobility-impaired residents. Water, sewer, sanitation, and gas are included in the rent.
|1 Bedroom (1/1)||-||Call for Price|
|2 Bedroom (2/1)||-||Call for Price|
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Mount Sterling but actual income limits may differ for units at Main Cross Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$19,450||$22,200||$25,000||$27,750||$30,000||$32,200||$34,450||$36,650|
|Low Income (60%)||$23,340||$26,640||$30,000||$33,300||$36,000||$38,640||$41,340||$43,980|
Main Cross Apartments is managed by Community Housing Partners.