Overlook Terraces

About This Building

Affordable Housing Option in Louisville, KY: Overlook Terraces Providing Housing Opportunities for Low Income Persons Overlook Terraces, situated in Louisville, KY, offers a Low-Income Housing Tax Credit (LIHTC) apartment for individuals seeking affordable housing. These rental apartments are backed by the LIHTC program, ensuring that rent and income restrictions are in place to cater to low-income individuals. This initiative incentivizes builders and developers to create housing options for those with limited financial resources. AMI-based Rent Structure To ensure affordability, the maximum rent charged at Overlook Terraces is determined by the Area Median Income (AMI). By considering the local economic landscape, the AMI serves as a benchmark to set reasonable rent prices. As a result, individuals with low incomes can enjoy housing options that align with their financial means. Multiple Apartment Layouts Available Overlook Terraces features 144 two and three-bedroom apartments, catering to different housing needs. The range of apartment layouts provides options to suit various lifestyles and family sizes. Through this, individuals and families can find accommodations that best meet their requirements. Contact Information and Application Process Given the high demand for affordable housing, it is common for apartments to have waiting lists. To explore the possibility of residing at Overlook Terraces, we encourage you to reach out to them directly using the provided contact number. By contacting them, you can inquire about the application process and determine if you meet the qualifications to become a resident. In conclusion, Overlook Terraces in Louisville, KY, stands as an affordable housing option supported by the LIHTC program. Their commitment to providing housing opportunities for low-income individuals, coupled with various apartment layouts, make it an excellent choice for those seeking affordable housing in the area.