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. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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% $12,880 $17,420 $21,960 $26,500 $29,350 $31,500 $33,700 $35,850
50% $19,050 $21,750 $24,450 $27,150 $29,350 $31,500 $33,700 $35,850
80% $30,450 $34,800 $39,150 $43,450 $46,950 $50,450 $53,900 $57,400

Hydreco Apartments is managed by Housing Authority of Olive Hill.

Nearby Low Income Apartment Communities

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131 S. Cold Springs Road
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