Properties

James Village Townhomes

Hopkinsville, KY

Property Type:
Townhouses/Apartments
Total Development Cost:
$6,923,151.00
Financing Structure:
Bank of America
LIHTC Units:
48
AMI:
Market Rate Units:
Completion Date:
March 2012

James Village is a 48-unit property located in Hopkinsville, KY. The property consists of 48 three-bedroom townhouses and one office/community building. Each apartment is approximately 1300 square feet plus a front porch, garage, and back patio.
Each apartment is equipped with a stove, vent hood, refrigerator, dishwasher, disposal, microwave oven and central heat and air conditioning. In addition a washer and dryer unit is provided in every apartment as well as ceiling fans. All of the appliances are ENERGY STAR rated. The exterior is constructed of brick and/or vinyl siding.
The property includes a picnic area, playground, and a community facility all for the exclusive use of the residents.

The James Village Property will be built to cater exclusively to large families. The rent structure of the property is governed by the IRS Section 42 rules and is restricted to residents earning at or below 60% of the area median income.
Preference is shown to qualified residents that are on the Public Housing Authority’s waiting list.




Groundbreaking Video