Covington Hope Apartments PB Section 8 Covington, KY
Profile last updated · Data vintage: HUD FY2025
Covington Hope Apartments is a Project-Based Section 8 community in Covington, KY with 30 units reporting 90% occupancy. Assisted residents pay about $319/month on average.
30
total units
90%
occupancy
$319
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Project-Based Section 8 |
|---|---|
| Address | 1550 Banklick St, Covington, KY 41011 Map → |
| Average household income | $13,198/yr |
| Average personal income | $12,772/yr |
| People per unit | 1 |
| Moved in within last year | 23% |
| Households below 30% AMI | 100% |
| Households below 50% AMI | 100% |
| One-bedroom share | 100% |
How to apply at Covington Hope Apartments
Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
- Call or visit the management office at 1550 Banklick St, Covington; 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 (~$319/mo average here).
Other subsidized housing in Covington
- Latonia Terrace Public Housing
- Cambridge Square Apartments (004) PB Section 8
- Golden Tower Public Housing
- The Colony PB Section 8
- Hathaway Court Apartments PB Section 8
- Rivers Edge at Eastside Pointe - Fka Jacob Price LIHTC
- Panorama Apartments East LIHTC
- Lasalette Gardens Apartments LIHTCPB Section 8
- St. Aloysius - St. Clair LIHTC
- St. Aloysius Apartments PB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Two Rivers Apts PB Section 8 | Newport | 2.4 km |
| Canterbury House Apartments - Southgate LIHTC | Southgate | 2.5 km |
| Vista Pointe Apartments LIHTC | Wilder | 2.5 km |
| Grand Towers LIHTC | Newport | 2.5 km |
| Mid-towne Apts LIHTC | Cincinnati | 3.3 km |
| Gateway Plaza LIHTCPB Section 8 | Cincinnati | 3.4 km |
| Union Baptist PB Section 8 | Cincinnati | 3.4 km |
| Grand Towers Public Housing | Newport | 3.5 km |
← All subsidized housing in Covington
Frequently asked questions
What kind of subsidy does Covington Hope Apartments have?
Project-Based Section 8. Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
How much is rent at Covington Hope Apartments?
Residents report average rents near $319/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Covington Hope Apartments?
Contact the management office at 1550 Banklick St in Covington. 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.