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Arbor Place Townhomes

220 Clifton Rd, Versailles, Kentucky 40383

Arbor Place Townhomes, located at 220 Clifton Rd in Versailles, KY has three bedroom apartments. Arbor Place Townhomes participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
Three Bedrooms (3/1) 1220 From $595

Arbor Place Townhomes Details

  • 48 three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Off Street Parking

Unit Amenities

  • Air Conditioning
  • Dishwasher

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.

Versailles 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 Versailles but actual income limits may differ for units at Arbor Place Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,800 $31,800 $35,750 $39,700 $42,900 $46,100 $49,250 $52,450
Low Income (60%) $33,360 $38,160 $42,900 $47,640 $51,480 $55,320 $59,100 $62,940

Arbor Place Townhomes is managed by Winterwood Property Management.

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