Waterfall Hi - Rise

303 Waterfall Dr, Elkhart, IN 46516

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2020 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath -

Waitlist Forecast

Since this property may have HUD-funded Public Housing with subsidies that help pay tenants' rent, the property is likely to have a long waiting list. Housing authorities often open these waiting lists periodically. Important: Housing authorities don't always open housing waiting lists at a property-specific level or even allow applicants to choose at which property they can live. Many times, the housing authority will assign an applicant to a property without giving the applicant a choice.

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.

With it's completion in 1970, Waterfall High-Rise is celebrating over 45 years of operation.  This 10 story building is the tallest of all of EHA's properties and houses a mixture of 1 and 2 bedroom apartments.  Along with a total of 127 apartments, Waterfall High-Rise offers open balconies on floors 2-10 and a community center ideally suited for birthday celebrations and community meetings.  Property management offices, laundry and vending are located on the first floor.  Not only does Waterfall offer close proximity to a host of retail options, it is centrally located to Elkhart's Riverwalk and the NIBCO Water & Ice Park.  For resident safety, Waterfall High-Rise is a secure building.  All residents are issued a magnetic key to access the building.

Waterfall is a perfect home for residents that enjoy being located close to downtown Elkhart.  Management staff is looking forward to scheduling your visit to this property.

Dave's Thoughts On Waterfall Hi - Rise

This property is funded through HUD’s Public Housing program. These properties are typically owned and managed by a Public Housing Authority. These properties tend to be much older, as no new public housing has been built in many years. Since the Federal budget has historically (and notoriously) underfunded public housing renovations for decades, these properties tend to have higher vacancies due to uninhabitable units or liveable units that are in poor condition. In addition, since all public housing properties offer rent subsidies, low-income residents only pay rent based on their incomes. For that reason, these properties tend to have longer waiting lists. Check our public housing waiting list data for more information. Since Waterfall Hi - Rise participates in the Public Housing program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Waterfall Hi - Rise Amenities

  • Community Room
  • On-Site Manager
  • Close to Downtown District
  • Laundry Room
  • Secured Entry
  • Landscaping

Units at Waterfall Hi - Rise

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

Income Qualification for Waterfall Hi - Rise

*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
30% AMI for PBRA Units $16,800 / year $19,720 / year $24,860 / year $30,000 / year
50% AMI for LIHTC Units $28,000 / year $32,000 / year $36,000 / year $39,950 / year
50% AMI for PBRA Units $28,000 / year $32,000 / year $36,000 / year $39,950 / year
80% AMI for PBRA Units $44,750 / year $51,150 / year $57,550 / year $63,900 / year

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

FAQs for Waterfall Hi - Rise

Does Waterfall Hi - Rise have a waiting list?

Waterfall Hi - Rise probably has a waiting list. Since our research has shown there are some public housing units at this property, the waiting list would be for those units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Waterfall Hi - Rise?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Waterfall Hi - Rise, how many other affordable housing properties (and units) are there in Elkhart?

In addition to Waterfall Hi - Rise, we list 35 other affordable properties in Elkhart. Learn about these properties here. Our data research shows that there are a total of 2266 affordable units in Elkhart.

Listings Near Waterfall Hi - Rise

Ashton Pines Apartment Homes

4353 Balsam Fir Ln, Elkhart, Indiana 46517

bed 1-4
payment $656-910/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Stratford Commons

2601 Oakland Ave, Elkhart, Indiana 46517

bed 1-2
payment Subsidized

Gardenview Senior Apartments

1119 N Main St, Elkhart, Indiana 46514

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

The Overlook

58720 Vista Blvd, Elkhart, Indiana 46517

switch_access_shortcut Short Wait
accessibility Accessible

Town and Country Apartments

1221 Georgia Blvd, Elkhart, Indiana 46514

payment Subsidized
accessibility Accessible

657 Milwaukee Ave

657 Milwaukee Ave, Elkhart, Indiana 46514

bed 3
payment $925/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.