Kentucky

Tax credit apartments in Florence, KY

HUD's database lists 10 properties in Florence built or rehabbed with low-income housing tax credits: 707 apartments, 707 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Arcadia Park Apartments Phase III

Christian Dr., Florence, KY 41042

44 1BR, 16 4BR

Apartments
60
Income-restricted
60
Placed in service
2005

Arcadia Park Apartments, Phase I And II

Christian Drive, Florence, KY 41042

154 1BR, 1 4BR

Apartments
155
Income-restricted
155
Placed in service
2005

Brighton Recovery Center

Weaver Rd, Florence, KY 41042

38 1BR

Apartments
38
Income-restricted
38
Placed in service
2008

Evergreen Apartments

Evergreen Drive, Florence, KY 41042

8 2BR, 30 3BR

Apartments
38
Income-restricted
38
Placed in service
2019

Farmview Apartments

Transformation Lane, Florence, KY 41042

32 2BR, 32 3BR

Apartments
64
Income-restricted
64
Placed in service
2022

Greens Of Turfway Townhomes

6058 Celtic Ash Ave, Florence, KY 41042

87 3BR

Apartments
88
Income-restricted
88
Placed in service
1992

Magnolia Glen Fka Ridgewood North

Memory Lane, Florence, KY 41042

45 2BR, 15 3BR

Apartments
60
Income-restricted
60
Placed in service
2013

Panorama Plus Apartments, Ltd

Old Toll Rd., Florence, KY 41042

60 1BR

Apartments
60
Income-restricted
60
Placed in service
1999

Scheper Ridge

Bill Wentz Drive, Florence, KY 41042

HUD lists it as senior housing · 29 1BR, 19 2BR

Apartments
48
Income-restricted
48
Placed in service
2021

Wynnbrook Pines (Wildewood Apts)

Wynnbrook Drive, Florence, KY 41042

96 3BR

Apartments
96
Income-restricted
96
Placed in service
2011

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.