Villa Madonna West Apartments
36 Father Riney Rd, Fancy Farm, Kentucky 42039
Contact Villa Madonna West Apartments
Villa Madonna West Apartments is managed by Housing Authority of Mayfield.
Applications are ONLY taken online at mayfieldhousing.com.
Waiting List is Open Now
The Villa Madonna West Apartments waiting list is currently open util further notice.
Last updated on June 12th, 2019Eligibility for Villa Madonna West 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 Fancy Farm but actual income limits may differ for units at Villa Madonna West Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $14,600 | $19,720 | $24,860 | $30,000 | $35,140 | $40,200 | $43,000 | $45,750 |
| 50% | $24,300 | $27,750 | $31,200 | $34,650 | $37,450 | $40,200 | $43,000 | $45,750 |
| 80% | $38,850 | $44,400 | $49,950 | $55,450 | $59,900 | $64,350 | $68,800 | $73,200 |
Villa Madonna West Apartments Details
- 12 bedroom units.
- Section 202 Supportive Housing for the Elderly
- Section 521 USDA Rental Assistance
Section 202 Supportive Housing for the Elderly
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
Section 521 USDA Rental Assistance
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
Nearby Low Income Apartment Communities like Villa Madonna West Apartments
Villa Madonna East
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.