4202 Grant Line Rd, New Albany, IN 47150
Waiting List Forecast: Likely Long or Closed
Verified for 2020 by Gene B. Glick Marketing, Ben D. Layfield, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 1.5 Bath | 576 - 1,106 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Carriage House Apartments and Townhomes is an affordable community on the North side of New Albany, Indiana, offering affordable one and two bedroom apartment homes and three bedroom townhomes. Our community is a federally subsidized apartment community with rents and eligibility are determined by government regulations. Carriage House Apartments offers several community amenities, including a clubhouse, play park, on-site clothes care center and is convenient to everyday shopping and dining. The apartments and townhomes at Carriage House feature spacious closets, fenced garden patios or cafe-style balconies. This community is managed by the Gene B. Glick Company.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Carriage House New Albany is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 576ft2 | Call for Price† |
| 2 Bedroom (2/1) | 1003ft2 | Call for Price† |
| 3 Bedroom Townhouse (3/1.5) | 1106ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,850 / year | $21,550 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year |
| 50% AMI for PBRA Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year |
| 80% AMI for PBRA Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year | $77,500 / year | $83,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Carriage House New Albany have a waiting list?
Carriage House New Albany probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Carriage House New Albany?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Carriage House New Albany?
Carriage House New Albany is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.
In addition to Carriage House New Albany, how many other affordable housing properties (and units) are there in New Albany?
In addition to Carriage House New Albany, we list 17 other affordable properties in New Albany. Learn about these properties here. Our data research shows that there are a total of 1801 affordable units in New Albany.
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Karan King says:
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