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Hydreco Apartments

501 Tygart St, Olive Hill, Kentucky 41164

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Hydreco Apartments Details

  • 46 bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Public Housing

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

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.

Olive Hill 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 Olive Hill but actual income limits may differ for units at Hydreco Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,760 $17,240 $21,720 $26,200 $28,850 $31,000 $33,150 $35,250
50% $18,700 $21,400 $24,050 $26,700 $28,850 $31,000 $33,150 $35,250
80% $29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400

Hydreco Apartments is managed by Housing Authority of Olive Hill.

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Cold Springs Townhomes

131 S. Cold Springs Road
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