Southern Oak Apartments

174 Fairfax Way, Georgetown, Kentucky 40324

Contact Southern Oak Apartments

Southern Oaks has been recently renovated and their one, two, and three bedroom apartment homes are just what you are looking for! They offer fantastic rental rates and low housing deposits. Southern Oaks is conveniently located near Kentucky Horse Park and only minutes from shopping, schools and medical facilities.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	516	Income Based
Two Bedroom (2/1)	796	Income Based
Three Bedroom (3/1.5)	1003	Income Based

Eligibility for Southern Oak 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 Georgetown but actual income limits may differ for units at Southern Oak Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$18,800	$21,450	$24,860	$30,000	$35,140	$40,280
50%	$31,300	$35,750	$40,200	$44,650	$48,250	$51,800
80%	$50,050	$57,200	$64,350	$71,450	$77,200	$82,900

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 Georgetown but actual income limits may differ for units at Southern Oak Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$31,300	$35,750	$40,200	$44,650	$48,250	$51,800

Southern Oak Apartments Details

58 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236

Property Amenities

Playground
On-Site Manager
Off-Street Parking
On-Site Maintenance
Beautiful Landscape

Unit Amenities

Central Air
Dishwasher
Washer and Dryer Hookup
Cable Ready
Window Coverings
Carpet
Hardwood Floors
Refrigerator
Water Trash and Sewer Included
Balconies or Patios Available
Large Closets

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm
Saturday	By Appointment

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.

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 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.