454 South Westplex Avenue, Bloomington, IN 47403
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $507 - 751 per Month† | 1 - 2 Beds | 1 Bath | 678 - 892 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.
Reserve your new home now! Patterson Pointe Senior Residence is on the cutting edge of Senior Living! Designed and built specifically for the needs and wants of adults 55 and over, Patterson Pointe Senior Residence boasts functional floor plans, spacious closets, Energy Star rated appliances, dishwashers and garbage disposals, complete elevator access, and many other amenities!As a 4-story apartment community with one and two bedroom options, Patterson Pointe Senior Residence has what you are looking for! On-site management and maintenance teams ensure that you can relish the joys of living without dealing with the hassles of home ownership. Our building is smoke-free and environmentally friendly. Call today to reserve your new home at Patterson Pointe!
Because Patterson Pointe Senior Residence 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 |
|---|---|---|
| The Sterling (1/1) | 678ft2 | $507 $625† |
| The Winchester (2/1) | 892ft2 | $609 $751† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year |
| 50% AMI for PBRA Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year |
| 60% AMI for LIHTC Units | $37,980 / year | $43,380 / year | $48,780 / year | $54,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Patterson Pointe Senior Residence have a waiting list?
Patterson Pointe Senior Residence 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 Patterson Pointe Senior Residence?
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 Patterson Pointe Senior Residence?
Patterson Pointe Senior Residence is managed by Miller Valentine Group
In addition to Patterson Pointe Senior Residence, how many other affordable housing properties (and units) are there in Bloomington?
In addition to Patterson Pointe Senior Residence, we list 69 other affordable properties in Bloomington. Learn about these properties here. Our data research shows that there are a total of 2213 affordable units in Bloomington.
540 S Basswood Dr, Bloomington, Indiana 47403
1320 N Arlington Park Dr., Bloomington, Indiana 47404
2440 S Henderson St, Bloomington, Indiana 47901
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