Paint Landing

About This Building

Affordable Housing Option in Stambaugh, KY Supported by Low-Income Housing Tax Credit Introduction: Paint Landing offers a desirable option for individuals in need of low-cost housing in Stambaugh, KY. These LIHTC-supported rental apartments come with specific rent and income restrictions that make them an accessible choice for low-income individuals. Benefits of LIHTC: The Low-Income Housing Tax Credit (LIHTC) program provides incentives to builders and developers who prioritize the construction of affordable housing for low-income individuals. This program ensures that the maximum rent charged aligns with the Area Median Income (AMI) of the region. AMI Limitations: While Paint Landing caters to low-income individuals, it is important to note that the AMI-based rent structure may still pose affordability challenges for certain applicants. We recommend checking the current rental rates to determine if Paint Landing fits within your budget. Apartment Options: Paint Landing houses 24 two, three, and four-bedroom apartments specifically designed for low-income individuals. Each unit is thoughtfully constructed to cater to the needs and preferences of residents seeking affordable housing options. Waitlist Possibilities: Considering the high demand for affordable housing, it is common for apartments to have waiting lists. If Paint Landing seems like a suitable fit for your housing needs, we encourage you to reach out to them directly using the provided contact number. This will allow you to inquire about the application process and determine if you qualify to live in this community. Conclusion: Paint Landing serves as a promising solution for affordable housing seekers in Stambaugh, KY. By leveraging the benefits of the LIHTC program and adhering to rent and income restrictions, this apartment complex aims to create a supportive living environment for low-income individuals.