Royal Arms Apartments

166 Royal Arms Land Rd, Elkton, Kentucky 42220

Contact Royal Arms Apartments

Message Royal Arms Apartments

Royal Arms Apartments is managed by Alco Management Inc..

Royal Arms Apartments offers 1 to 3 bedroom apartments ranging in size from 540 to 1,031 sq.ft. For more information, please contact their management office.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 540 Call for Price
Two Bedroom (2/1) 858 Call for Price
Three Bedroom (3/1.5) 1031 Call for Price

Eligibility for Royal Arms Apartments

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 Elkton but actual income limits may differ for units at Royal Arms Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $14,580 $19,720 $24,860 $30,000 $34,700 $37,250
50% $22,500 $25,700 $28,900 $32,100 $34,700 $37,250
80% $35,950 $41,100 $46,250 $51,350 $55,500 $59,600

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 Elkton but actual income limits may differ for units at Royal Arms Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $22,500 $25,700 $28,900 $32,100 $34,700 $37,250

Royal Arms Apartments Details

  • 48 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 223
  • Section 8 New Construction
  • Section 221 (d) (3)

Property Amenities

  • Playground
  • Library
  • Off-Street Parking
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Cable Ready
  • Window Coverings
  • Refrigerator
  • Energy Efficient Appliances
  • Large Closets

Office Hours

Day Hours
Monday 8:30am-4:00pm
Tuesday 8:30am-4:00pm
Wednesday 8:00am-3:00pm
Thursday 8:30am-4:00pm
Friday 8:30am-4:00pm
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.

Images of Royal Arms Apartments
Image of Royal Arms Apartments