Bluff View Apartments
Maysville Initiatives has built and manages ten units of affordable housing for low and middle income individuals and couples at Bluff View Apartments in Maysville. Our housing project is all single-bedroom units. Our project is one of only a few in the nation that have been built without federal or state money. Our $362,000 mortgage is held by two local banks and is paid with rental income .
Whatever the rent when you move into your Bluff View apartment, that’s what your rent will be. The rent only increases when a new tenant signs a new lease.
Rents vary between $375 and $425. Those paying the least rent have been Bluff View residents from the beginning, ten years ago. Our ten units are always full, and one of our goals is to build another ten to twenty units, when the opportunity presents itself.