Program: Section 8 · Public housing units: 0 · Section 8 vouchers: 774 · Households served: 721 · Occupancy: 93% · ZIP codes served: 5
The City of Richmond Section 8 Housing Program is a voucher-only program, administering 774 Section 8 vouchers. It serves 721 households, with an occupancy rate of 93%. The program is designed to assist low-income families in finding affordable housing within the city of Richmond, Kentucky.
Among the three housing authorities serving the same ZIP codes in Madison County, the City of Richmond Section 8 Housing Program ranks first by voucher count. It holds the 10th position among 40 authorities in the state of Kentucky that manage Section 8 vouchers. Peer authorities in the area, such as the Housing Authority of Richmond and the Housing Authority of Berea, do not administer any Section 8 vouchers.
The Fair Market Rent for a two-bedroom unit in the area ranges from $870 to $950, with an average of $900. This is below the state average of $1014. The highest FMR for a two-bedroom is in ZIP code 40475 at $950, while the lowest is in ZIP code 40461 at $870.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 40385 | $690 | $860 | $980 | $1,320 | $1,540 |
| 40403 | $660 | $820 | $940 | $1,300 | $1,500 |
| 40404 | $660 | $820 | $940 | $1,300 | $1,500 |
| 40461 | $650 | $820 | $920 | $1,240 | $1,340 |
| 40475 | $720 | $890 | $1,030 | $1,430 | $1,660 |
Multiple authorities administer vouchers across the same area:
Source: US HUD Public Housing Authority data; Fair Market Rent FY2027. This is an independent reference page, not the authority's own site.
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