Bedford House Apartments

301 Licking St , Falmouth, Kentucky 41040

Contact Bedford House Apartments

Bedford House is a pet-friendly, Section 8 community for 62 and/or disabled adults. They have a laundry room on the second floor of each building, a community room, and weekly bus service provided by Senior Citizens of Northern Kentucky. Most of the grocery stores and pharmacies in the area deliver directly to the community.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	575	Call for Price

Eligibility for Bedford House Apartments

Bedford House Apartments Details

48 one bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

Property Amenities

Elevator
Laundry Room

Unit Amenities

Air Conditioning
Cable and Satellite TV
Utilities Included
Walk-in Closet(s)
Window Coverings
Carpet

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.