Greenwood Apartments

300 W Main Street, Horse Cave, Kentucky 42749

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Greenwood Apartments is managed by Alco Management Inc..

Greenwood Apartments is nestled in the middle of historic Horse Cave and are located just minutes away from I-65. This charming small town has a lot to offer with entertainment, shopping, restaurants, and is within walking distance of the local schools. Greenwood Apartments offers one-bedroom, two-bedroom, or three-bedroom floor plans that each include an air conditioner, carpeting, energy efficient appliances, electric range, extra storage, refrigerator, and window coverings. Community amenities include laundry facilities, library and a playground.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 558 Income Based
2 Bedroom (2/1) 838 Income Based
3 Bedroom (3/1) 1011 Income Based

Eligibility for Greenwood 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 Horse Cave but actual income limits may differ for units at Greenwood 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 Horse Cave but actual income limits may differ for units at Greenwood 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

Greenwood Apartments Details

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

Property Amenities

  • Playground
  • Library
  • Laundry Facilities
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Extra Storage
  • Electric Range
  • Energy Efficient Appliances

Nearby Amenities

  • Near Schools
  • Near Shopping
  • Near Restaurants
  • Close to Entertainment

Office Hours

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

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