Flaget Apartments is managed by Tesco Properties.
This beautiful apartment community is currently OPEN and Leasing! Experience the prestige, comfort and beauty that Flaget Apartments can offer. Flaget Apartments offers outstanding value and spacious apartment living. This wonderful community brings luxury to everyone's lifestyle. This outstanding, distinctive apartment community offers spacious floor plans with an impressive array of amenities. Professional on-site management assures responsive resident service. Flaget Apartments is for those who appreciate location, quality, and attention to detail. Please call today.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
One Bedroom (1/1) | - | Call for Price |
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 Louisville but actual income limits may differ for units at Flaget Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $18,850 | $21,550 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $31,400 | $35,900 | $40,400 | $44,850 | $48,450 | $52,050 | $55,650 | $59,250 |
80% | $50,250 | $57,400 | $64,600 | $71,750 | $77,500 | $83,250 | $89,000 | $94,750 |
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.