Baunta Apartments provides retirement housing for independent seniors or for mobility impaired persons who require an apartment with “accessible” features.
 
The building is classified by the United States Department of Housing and Urban Development (HUD) as “Section 202 (Elderly) with Section 8 Assistance. As such, rents are subsidized by HUD based on household income.
 
To be eligible:

          o At least one member of the household must be at least age 62, or,
          o Be mobility impaired
          o Income must not exceed 50% of the median income for the 
             Lexington, KY MSA

Tenant Rent:

After eligibility has been established, income is adjusted by deducting approved anticipated medical expenses and other deductions. Rent is based on 30% of adjusted income.

For your convenience or the convenience of family members, we offer Automatic Bank withdrawals of tenant rent and services payments.

Please contact the HUD Occupancy Specialist for more details.



Baunta Apartments has: 

          o 83 One Bedroom Units 
          o 10 “Accessible” One Bedroom Units 
          o 5 Two Bedroom Units 

Included in the rent is heating, cooling, water and trash removal. Resident is responsible for personal electricity, cable TV and telephone. 

Occupancy standards for Baunta Apartments are set forth as follows:
      o One Bedroom Unit: No more than two persons in the household
      o Two Bedroom Unit: At least two persons, but no more than four persons. 

Pets are permitted – some restrictions apply.