Affordable Housing In Ohio County
Kentucky

5 Low Income Apartment Communities In Ohio County

Mya Manor Apartments

215 Rochester Rd
Beaver Dam, KY
62+
HCV Welcome

Riverbend Apartments

1003 E Union St
Hartford, KY
Subsidized

Independent Living II

316 E 8th St
Beaver Dam, KY
62+
Accessible
Elderly Supportive Housing
Subsidized

Blanchard Manor Apartments

50 Cooper Ave
Beaver Dam, KY
Subsidized

Blackburn Heights

4001 Walden Ct
Beaver Dam, KY
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There are 5 low income housing apartment complexes which contain 195 affordable apartments for rent in Ohio County. Many of these rental apartments are income based housing with 163 apartments that set rent based on your income. In Ohio County, HUD housing programs support 79 rental assistance apartments through programs like Project-based Section 8. There are 32 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Ohio County

Housing Authority Programs
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Ohio County

Housing Authority Programs
Housing Authority of Beaver Dam Public Housing

Guide To Affordable Housing in Ohio County, Kentucky

Ohio County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 195
Total Rent Assisted Apartments 163
Percentage of Housing Units Occupied By Renters 22.13%
Average Renter Household Size 2.73
Total Population 24,065
Housing Units 8,813
Average Household Size 2.70
Median Household Income $40,189 ±$2,883
Median Rent $533 ±$42
Percentage Of Renters Overburdened 38.62% ± 8.96pp

Population and Household Demographics

Ohio County is a County in Kentucky with a population of 24,065. There are 8,813 households in the county with an average household size of 2.70 persons. 22.13% of households in Ohio County are renters.

Income and Rent Overburden in Ohio County

The median gross income for households in Ohio County is $40,189 a year, or $3,349 a month. The median rent for the county is $533 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ohio County, a household making less than $1,777 a month would be considered overburdened when renting an apartment at or above the median rent. 38.62% of households who rent are overburdened in Ohio County.1

Area Median Income In Ohio County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Ohio County, HUD calculates the Area Median Income for a family of four as $47,800

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Ohio County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Ohio County HUD Rental Assistance in Ohio County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,600 $27,650 $29,700 $31,750 $33,800
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
80% of Median $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100
Low Income Housing Tax Credits in Ohio County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 1992, 1 low income apartment communities containing 12 rental apartments have been constructed and made affordable to low income persons in Ohio County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Ohio County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
60% of Median $21,540 $24,600 $27,660 $30,720 $33,180 $35,640 $38,100 $40,560

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Ohio County is $27,660 a year, or $2,305 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,305 by 30% to get a maximum rent of $692 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $449 $481 $576 $666 $743 $819
60% $539 $577 $692 $799 $891 $983
Fair Market Rents in Ohio County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$443 $498 $618 $840 $885

Cities In Ohio County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Beaver Dam 4 The HUD funded Public Housing Agencies that serve Beaver Dam are the Housing Authority of Beaver Dam and Kentucky Housing Corporation.
Fordsville 0 The HUD funded Public Housing Agency that serves Fordsville is the Kentucky Housing Corporation.
Hartford 1 The HUD funded Public Housing Agency that serves Hartford is the Kentucky Housing Corporation.
McHenry 0 The HUD funded Public Housing Agency that serves McHenry is the Kentucky Housing Corporation.
Rosine 0 The HUD funded Public Housing Agency that serves Rosine is the Kentucky Housing Corporation.
Centertown 0 The HUD funded Public Housing Agency that serves Centertown is the Kentucky Housing Corporation.
Rockport 0 The HUD funded Public Housing Agency that serves Rockport is the Kentucky Housing Corporation.