Valley House Flats

451 Progress Street, Brookville, IN 47012

Waiting List Forecast: Likely Short or None

check_circleVerified for 2020 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents Studio - 2 Beds 1 Bath -
check_circle  Near Elderly (55+)
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

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.

Constructed in downtown Brookville, Indiana in 1852, the Valley House Flats (originally called Valley House Hotel) served as an inn to canal travelers and town visitors. Today, it has become an apartment community designed for older, active adult in both the "Historic" and Annex buildings. With studio, one-bedroom and two-bedroom apartments ranging from 600 to 1,200 square feet, there is something designed for everyone. 

Dave's Thoughts On Valley House Flats

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 Valley House Flats 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Valley House Flats Amenities

  • Fitness Center
  • Many Activities
  • On-Site Manager
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Water Trash and Sewer Included
  • Bicycle Storage
  • Secured Entry
  • Central Heat & Air
  • Stove
  • Cable & Internet Ready
  • Barber Shop and Beauty Salon
  • Washer and Dryer Included
  • Mini Blinds & Curtain Rods
  • Stainless Steel Appliances
  • Smoke Free
  • Accessible Apartments
  • Self-Cleaning Ovens
  • Frost-Free Refrigerator
  • Walk-in Shower

Units at Valley House Flats

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Income Qualification for Valley House Flats

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
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.

FAQs for Valley House Flats

Does Valley House Flats have a waiting list?

Valley House 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 Valley House 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.

What property management company manges Valley House Flats?

Valley House Flats is managed by Flaherty & Collins headquartered in Indianapolis, IN.

In addition to Valley House Flats, how many other affordable housing properties (and units) are there in Brookville?

In addition to Valley House Flats, we list 4 other affordable properties in Brookville. Learn about these properties here. Our data research shows that there are a total of 243 affordable units in Brookville.

Listings Near Valley House Flats

Whitewater Place Apartments

296 Webers Ln, Brookville, Indiana 47012

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Riverfront Apartments Olynger Management

1390 Fairfield Ave, Brookville, Indiana 47012

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
accessibility Accessible

Fairbrook Manor

1301 Fairfield Ave, Brookville, Indiana 47012

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Brookville Lake Senior Housing

11051 State Road 101, Brookville, Indiana 47012

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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