Eastside Revitalization

Scattered Sites, Covington, Kentucky 41011

Contact Eastside Revitalization

Upon demolition of Jacob Price Homes, Eastside Revitalization offered the Housing Authority of Covington an opportunity to build replacement housing in the surrounding neighborhood. The Housing Authority of Covington removed units that had a blighted influence on the East Side and replaced them with renovated units that are competitive in today’s market.

Eligibility for Eastside Revitalization

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 Covington but actual income limits may differ for units at Eastside Revitalization.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$21,250	$24,300	$27,350	$30,350	$35,140	$40,280	$45,420	$50,560
50%	$35,400	$40,450	$45,500	$50,550	$54,600	$58,650	$62,700	$66,750
80%	$56,650	$64,750	$72,850	$80,900	$87,400	$93,850	$100,350	$106,800

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 Covington but actual income limits may differ for units at Eastside Revitalization.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$35,400	$40,450	$45,500	$50,550	$54,600	$58,650	$62,700	$66,750

Eastside Revitalization Details

6 bedroom units.
Public Housing
Low-Income Housing Tax Credit (LIHTC)

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.

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.