322 South St, Batesville, IN 47006
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $681 - 809 per Month† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
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Romweber Flats is centrally located in downtown Batesville, Indiana and offers senior living in a convenient life style with modern amenities. Within walking distance of churches, restaurants, city parks and the farmers market, Romweber Flats is a great choice in a friendly environment. After undergoing an $8,000,000 renovation Romweber Flats is an energy efficient building that has attained a gold leed status. RomWeber Flats consists of 84 apartments, with one and two bedroom options. Thoughtfully designed, these apartments offer many unique design features for seniors, helping them maintain their independence. Eight apartments have been specifically designed with residents that are physically handicapped. Washers and dryers are provided in each apartment. A central elevator provides easy access to each floor and basement that has secure resident storage at no additional cost. RomWeber Flats is protected by a sprinkler system and has a central security, limiting access to residents and their guests. Residents can relax and socialize in many common areas including a movie room, an atrium room with 50’ foot ceiling, and The Big Four Café, which will be located on the first floor and will provide daily meals and will offer a wide variety of classes."
Because Romweber Flats participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | $681† |
| Two Bedrooms (2/1) | - | $809† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,500 / year | $32,550 / year | $36,600 / year | $40,650 / year |
| 50% AMI for PBRA Units | $28,500 / year | $32,550 / year | $36,600 / year | $40,650 / year |
| 60% AMI for LIHTC Units | $34,200 / year | $39,060 / year | $43,920 / year | $48,780 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Romweber Flats have a waiting list?
Romweber Flats probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Romweber Flats?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to Romweber Flats, how many other affordable housing properties (and units) are there in Batesville?
In addition to Romweber Flats, we list 5 other affordable properties in Batesville. Learn about these properties here. Our data research shows that there are a total of 206 affordable units in Batesville.
When was the Romweber Flats listing last updated?
Romweber Flats listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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