Corpus Christi Apartments

840 Isabella St, Newport, Kentucky 41071

With the completion of its construction in 1902, Corpus Christi Catholic Church quickly rose to become one of Newport’s most celebrated landmarks. Located in the heart of the city , Corpus Christi’s Ornate façade greeted parishioners for nearly a century. In 1999 it merged with St. Francis de Sales, St. Stephen, and St. Vincent de Paul to create a new entity called Holy Spirit. Then in October of 2006 exactly Seven years latter a renovated Corpus Christi once again opened its doors not as a place to pray, but as a place to live.

Corpus Christi apartments range from 628 to 767 square feet. The twenty apartments include ten townhomes, six classroom units, and four 3rd floor units. Also, featuring one handicapped accessible unit, and one handicapped adaptable unit.

 

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Corpus Christi Apartments Details

  • 20 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Public Housing

Property Amenities

  • Laundry Room
  • Off Street Parking

Unit Amenities

  • Washer/Dryer Hookup

Low-Income Housing Tax Credit (LIHTC)

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.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Newport 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 Newport but actual income limits may differ for units at Corpus Christi Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,950 $20,500 $23,050 $26,500 $31,040 $35,580 $40,120 $44,660
50% $29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400
80% $47,850 $54,650 $61,500 $68,300 $73,800 $79,250 $84,700 $90,200

Newport Low-Income Housing Tax Credit Income Limits

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 Newport but actual income limits may differ for units at Corpus Christi Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400
Low Income (60%) $35,880 $41,040 $46,140 $51,240 $55,380 $59,460 $63,540 $67,680

Corpus Christi Apartments is managed by Neighborhood Foundations.

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