Burchwood Lease Purchase Project LIHTC Berea, KY
Profile last updated · Data vintage: HUD LIHTC 2024
Burchwood Lease Purchase Project is a Low-Income Housing Tax Credit (LIHTC) community in Berea, KY with 12 units. Rents are set relative to household income.
12
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | Burchwood Drive, Berea, KY 40403 Map → |
| Tax-credit (LI) units | 17 |
| Placed in service | 1999 |
| Affordability term | 15 years |
How to apply at Burchwood Lease Purchase Project
LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
- Call or visit the management office at Burchwood Drive, Berea; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Other subsidized housing in Berea
- Clay Fee Homes Public Housing
- Berea Single Family Homes LIHTC
- Silver Creek Place LIHTC
- Roselawn Subdivision PB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| 12th Street Hope Vi Apartments LIHTC | Lexington | 7.1 km |
← All subsidized housing in Berea
Frequently asked questions
What kind of subsidy does Burchwood Lease Purchase Project have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Burchwood Lease Purchase Project?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Burchwood Lease Purchase Project?
Contact the management office at Burchwood Drive in Berea. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.