Madison Avenue is a HUD subsidized family property with 79 units in a mix of 1, 2 and 3 bedrooms. The rent is income based. Built in 1980, the property has served residents of Richmond Kentucky for 45 years with affordable housing. In 2025 an extensive update to the property began in which all units are receiving new roofs, windows, doors, HVAC systems, casework, flooring, other finishes and the addition of in unit washers and dryers.