Properties

Clarktown Landing

Hopkinsville, KY

Property Type:
LIHTC-Single Family/Townhouses
Total Development Cost:
$5,113,000
Financing Structure:
Bank of America
LIHTC Units:
32
AMI:
Market Rate Units:
32
Completion Date:
September 2013

Clarktown Landing is a 32-unit property located in Hopkinsville, KY. The property consists of 32 three-bedroom units and one office/community building. Each unit is approximately 1,300 square feet plus a front porch, garage, and back patio.
Each unit is equipped with a stove, vent hood, refrigerator, dishwasher, disposal, microwave oven and central heat and air conditioning. In addition a washer and dryer hook up 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 and a community facility all for the exclusive use of the residents.
The Clarktown Landing property will be built to cater exclusively to 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.