600 Chestnut Street Corydon, IN 47112, Corydon, IN 47112
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | 426 - 940 Sq Ft |
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.
Located in the town limits of Corydon in Harrison County, IN, Corydon School Senior Lofts consists of 45 units of Senior Housing with 25 units located inside a historic school building and 20 units of brand new construction. Units sizes range from Studios to 2 Bedroom apartments.Corydon has a Celebrated History- the State’s first Capital, home to the first and 47th governors, and birthplace of the state constitution. Corydon offers its residents an art gallery, The Artisan Center, Corydon Bicentennial Park and Farmer’s Market. Corydon has great programming for seniors and opportunities for volunteering to tell the first state capitol’s history. The Corydon Senior Lofts are connected to downtown with safe sidewalks – allowing seniors to walk to Butt Drugs and have a cup of coffee for 30 cents, then visit the Bicentennial Park and playground, eat lunch at the Seniors Center for $3 and then interact with visitors at the square.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Corydon School Senior Lofts does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 426ft2 | Call for Price† |
| 1 Bedroom (1/1) | 586ft2 | Call for Price† |
| 2 Bedroom (2/1) | 940ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year |
| 50% AMI for PBRA Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year |
| 60% AMI for LIHTC Units | $37,680 / year | $43,080 / year | $48,480 / year | $53,820 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Corydon School Senior Lofts have a waiting list?
Corydon School Senior Lofts 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 Corydon School Senior Lofts?
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.
What property management company manges Corydon School Senior Lofts?
Corydon School Senior Lofts is managed by Advantix Development Corporation headquartered in Evansville, IN.
In addition to Corydon School Senior Lofts, how many other affordable housing properties (and units) are there in Corydon?
In addition to Corydon School Senior Lofts, we list 6 other affordable properties in Corydon. Learn about these properties here. Our data research shows that there are a total of 173 affordable units in Corydon.
When was the Corydon School Senior Lofts listing last updated?
Corydon School Senior Lofts listing on Affordable Housing Online was last updated on 02/20/2023 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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