Sheppard Square is managed by Louisville Metro Housing Authority.
Sheppard Square is currently undergoing a HOPE VI revitalization. LMHA does not expect to have units available at Sheppard Square until 2013 since we are in the process of moving residents. Once the site is emptied then we must demolish buildings, followed by new infrastructure (roads, sewers, etc.), then followed by construction of new units. Upon completion, the relocated Sheppard residents will have the first opportunity to move back to the units set aside for low-income families.
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 Sheppard Square.
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 is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.