Do I Qualify?
Number of Occupants | Maximum Household Income |
|---|---|
1 | $40,020 |
2 | $45,720 |
3 | $51,420 |
4 | $57,120 |
5 | $61,740 |
6 | $66,300 |
Please note, we are income restricted but not based on income. Vouchers are accepted.
Income Includes But is Not Limited To:
- Employment income
- Self-employment Income
- Social Security, pensions, SSI, or disability income, AFDC
- Unemployment compensation
- Alimony or child support payments
- Recurring contributions and gifts
- Income from assets – interest, stocks, bonds, real estate, etc.
What We Believe
LDG Development owns and builds affordable multifamily housing across the United States. LDG simply believes that everyone deserves a quality place to live.
What is Affordable Housing?
Rents are more affordable at Alcove at Russell Cave thanks to Lexington, Ky, and federal financing programs reserved for providing affordable housing options to the residents of Lexington. The owners of Alcove at Russell Cave agree to keep rents affordable for a long time and agree to rent only to households qualified for these programs. Qualifying can be a more in-depth process than usual rental screening practices, but our management team is available to assist each applicant every step of the way.
Below are some general guidelines and information concerning what is considered income. This is by no means an exhaustive list, but we are here to assist you in determining if you may qualify for our affordable apartment rental program.
The public agencies and the private investors who provided the financing that allows the rents to be affordable want to make sure that we’re being good stewards of those resources. We are sure that you will find the extra effort worth the process to qualify for our affordable community. Our team is here to assist you and help you through every step to becoming a resident at Alcove at Russell Cave.”
