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Milestone Achieved for Emery Flats Affordable Housing

Construction site of Emery Flats affordable housing community in Bowling Green KY

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.

Deeper Dive: News & Info About This Topic

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Additional Resources

Milestone Achieved for Emery Flats Affordable Housing

STAFF HERE BOWLING GREEN WRITER
Author: STAFF HERE BOWLING GREEN WRITER

The BOWLING GREEN STAFF WRITER represents the experienced team at HEREBowlingGreen.com, your go-to source for actionable local news and information in Bowling Green, Warren County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the National Corvette Homecoming, International Festival, concerts at SKyPAC, and sports events at Beech Bend Park. Our coverage extends to key organizations like the Bowling Green Area Chamber of Commerce and the African American Museum Bowling Green Area, plus leading businesses in automotive, apparel, and healthcare that power the local economy such as General Motors Corvette Assembly Plant, Fruit of the Loom, and Med Center Health. As part of the broader HERE network, including HERELexingtonKY.com and HERELouisville.com, we provide comprehensive, credible insights into Kentucky's dynamic landscape.

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