Greensburg Village

About This Building

Greensburg Village: Affordable Housing Option with Rental Assistance Location: Greensburg, KY Introduction: - Greensburg Village is a Low Income Housing Tax Credit apartment complex, providing affordable housing options to individuals in Greensburg, KY. - These rental apartments are supported by LIHTC and adhere to the applicable rental and income restrictions of the program. - The LIHTC program offers incentives to builders and developers to create affordable housing for low-income individuals. - However, the maximum rent charged is determined based on the region's median income (MAI), which may still pose affordability challenges for some low-income residents. Rental Rates and Income Restrictions: - Inform yourself about current rental rates to determine if it meets your affordability criteria. - AMI (Area Median Income) plays a crucial role in determining affordability for low-income individuals. - Due to AMI considerations, this housing may still be unaffordable for some low-income population segments. Apartment Details: - Greensburg Village offers 50 one-bedroom apartments specifically designed for low-income individuals. - Office hours: Monday to Friday, 7:30 am - 4:00 pm. Waiting Lists and Application Process: - Due to high demand, most apartments currently have waiting lists. - Contact the provided phone number directly to inquire about availability and eligibility for application. - If you discover that this ad is no longer for low-income housing or if the phone number provided is inaccurate, please reach out to us using the online form below. HUD Subsidies: - This apartment complex accepts HUD subsidies. - HUD subsidized apartments base rent on 30% of your Adjusted Gross Income. - For further information regarding eligibility and details, please call us. In summary, Greensburg Village offers affordable housing options to low-income individuals through LIHTC support and HUD subsidies. However, rental rates are still influenced by the region's median income, potentially impacting affordability for some low-income residents. Contact the provided phone number to inquire about availability and eligibility for application.