Bowling Green KY, October 12, 2025
News Summary
Emery Flats, a new affordable housing community in Bowling Green, KY, has officially broken ground, aiming to provide 180 homes for low-income families by February 2027. The $52 million project features modern amenities and various community facilities, highlighting the commitment to enhance housing access in the region. With the support of multiple funding sources, this project is part of a broader recovery initiative following tornado damage in Western Kentucky.
Bowling Green, KY – A major milestone has been reached in the development of Emery Flats, an affordable housing community in Bowling Green, Kentucky. The project, which has a budget of $52 million, is designed to provide housing solutions for low-income families, specifically targeting households earning 60% or below the Area Median Income. The groundbreaking event marks the start of construction for 180 affordable homes, with an anticipated completion date set for February 2027.
Details of the Development
Emery Flats will feature six three-story buildings, offering a combination of 45 one-bedroom, 90 two-bedroom, and 45 three-bedroom apartment homes. These apartments will come equipped with modern amenities including electric ranges, dishwashers, and in-unit washer-dryers. Residents will also benefit from features such as central air conditioning, ceiling fans, carpet, composite flooring, window blinds, large walk-in closets, and secure key fob entry. Some units may include private patios or balconies, enhancing the living experience.
Amenities for Residents
The community will provide several common-area amenities for residents’ convenience and enjoyment. This includes a clubhouse equipped with a community kitchen and business center. Outdoor amenities will feature a common patio, grilling area, walking paths, swimming pool, playground, dog park, and basketball court. Additionally, Emery Flats will offer bicycle racks, supplemental storage, a parcel kiosk for secure deliveries, and 272 surface parking spaces to accommodate residents and guests.
Financing and Support
Funding for Emery Flats comes through various financial sources, including 4 percent tax credit equity proceeds, tax-exempt and taxable tail construction loans from HOPE of the Midwest, a consortium formed 14 years ago to finance low-income affordable housing projects. A permanent loan from Cedar Rapids Bank and Trust is also part of the finance structure. In addition, the project will benefit from $8.6 million in Community Development Block Grant – Disaster Recovery funds.
Context of Development
Emery Flats is part of a larger initiative to recover from the tornado damage that devastated Western Kentucky in late 2021. This development is one of 11 projects that, collectively, have secured $223 million in funding for rebuilding storm-affected communities. The commitment to improving housing access in the region emphasizes both a recovery effort and the need for affordable living spaces in Kentucky.
This construction initiative follows the recent announcement of the 277-unit student housing development known as MXWL, which is set to serve the University of Kentucky, highlighting the growing demand for various types of housing solutions in the area.
Conclusion
With a focus on affordability and community amenities, Emery Flats aims to significantly enhance the living conditions of Bowling Green’s residents. As the project progresses, it showcases a commitment to address the pressing issue of affordable housing in the region, improving the overall quality of life for many families.
Frequently Asked Questions
What is Emery Flats?
Emery Flats is an affordable housing community located in Bowling Green, Kentucky.
How much is the budget for Emery Flats?
The development has a budget of $52 million.
How many affordable homes will Emery Flats consist of?
Emery Flats will consist of 180 affordable homes.
What income level is the target demographic for these homes?
The target demographic for these homes will be households earning 60% or below the Area Median Income.
When is the expected completion date for Emery Flats?
Completion of the project is expected by February 2027.
What are some key amenities offered in Emery Flats?
Amenities will include a clubhouse with a community kitchen, business center, swimming pool, playground, dog park, and more.
How is Emery Flats financed?
Financing includes 4 percent tax credit equity proceeds and an $8.6 million in Community Development Block Grant – Disaster Recovery funds.
| Feature | Details |
|---|---|
| Budget | $52 million |
| Number of Homes | 180 |
| Income Target | 60% or below area median income |
| Expected Completion | February 2027 |
| Financing Sources | 4% tax credit equity, Community Development Block Grant |
| Key Amenities | Clubhouse, swimming pool, playground, dog park, etc. |
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Additional Resources
- Multi Housing News: JV Launches Construction of Kentucky Affordable Housing
- Lane Report: Echo Trail Breaks Ground in Bowling Green
- BG Daily News: Echo Trail News
- Green Bay Press Gazette: Door County Bowling Alley for Affordable Housing
- KCCI: Alley Landing Plaza Lanes Affordable Housing
- Wikipedia: Affordable Housing
- Google Search: Affordable Housing News
- Google Scholar: Affordable Housing Research
- Encyclopedia Britannica: Affordable Housing
- Google News: Affordable Housing



