1107 W. 3rd Street Bloomington, IN , Bloomington, IN 47404
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $340 - 750 per Month† | Studio - 3 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.
Southern Knoll offers affordable housing and is located just minutes from Downtown Bloomington. Our amenities include controlled entry, washer/dryer hook-up, laundry facility on-site, dishwashers, microwaves, intercom system, ceiling fans, modern fixture and lighting, energy efficient appliances, community room, and fitness room.
Because Southern Knoll 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. Some of the LIHTC units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | $340 $525† |
| One Bedroom (1/1) | - | $510 $575† |
| Two Bedroom (2/1) | - | $575 $610† |
| Three Bedroom (3/1) | - | $650 $750† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year | $48,800 / year | $52,400 / year |
| 50% AMI for PBRA Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year | $48,800 / year | $52,400 / year |
| 60% AMI for LIHTC Units | $37,980 / year | $43,380 / year | $48,780 / year | $54,180 / year | $58,560 / year | $62,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Southern Knoll have a waiting list?
Southern Knoll 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 Southern Knoll?
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 Southern Knoll?
Southern Knoll is managed by Valenti Real Estate Services, Inc. headquartered in Indianapolis, Indiana.
In addition to Southern Knoll, how many other affordable housing properties (and units) are there in Bloomington?
In addition to Southern Knoll, 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
454 South Westplex Avenue, Bloomington, Indiana 47403
2440 S Henderson St, Bloomington, Indiana 47901
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