Various Sites within Evansville , Evansville, IN 47807
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 4 Beds | 1 - 2 Baths | 882 - 1,286 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.
Homes of Evansville II is a second phase to a comprehensive neighborhood revitalization development including 35 three- and four-bedroom single family homes and 14 three-bedroom duplexes located next to the existing Homes of Evansville I. This green development provides high quality, affordable homes that promote individuality to the residents by offering a long term lease-to-purchase option. Rents are targeted between 30% and 60% of area median income. Homes of Evansville II provides a high quality affordable housing option that complements and is virtually indistinguishable from the other for sale homes being developed and sold in the same area. The homes exceed the IHCDA Minimum Development Standards for new construction buildings including Special Housing Needs. Additionally, Homes of Evansville II has been designed to incorporate the Enterprise Green Communities (+10 over minimum) for energy efficiency and recaptures 50% of the rainwater on site. The homes feature energy star appliances and fixtures, dual flush toilets, contemporary open floor plans, and pre-wired security systems.
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 Homes of Evansville II 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 |
|---|---|---|
| 2 Bedroom (2/1) | 882ft2 | Call for Price† |
| 3 Bedroom- Apartment (3/1.5) | 1080ft2 | Call for Price† |
| 3 Bedroom Duplex (3/1.5) | 1120ft2 | Call for Price† |
| 3 Bedroom Home (3/2) | 1251ft2 | Call for Price† |
| 4 Bedroom (4/2) | 1286ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,600 / year | $34,950 / year | $39,300 / year | $43,650 / year | $47,150 / year | $50,650 / year | $54,150 / year | $57,650 / year |
| 50% AMI for PBRA Units | $30,600 / year | $34,950 / year | $39,300 / year | $43,650 / year | $47,150 / year | $50,650 / year | $54,150 / year | $57,650 / year |
| 60% AMI for LIHTC Units | $36,720 / year | $41,940 / year | $47,160 / year | $52,380 / year | $56,580 / year | $60,780 / year | $64,980 / year | $69,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Homes of Evansville II have a waiting list?
Homes of Evansville II 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 Homes of Evansville II?
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 Homes of Evansville II?
Homes of Evansville II is managed by The NRP Group LLC headquartered in Cleveland , Ohio.
In addition to Homes of Evansville II, how many other affordable housing properties (and units) are there in Evansville?
In addition to Homes of Evansville II, we list 107 other affordable properties in Evansville. Learn about these properties here. Our data research shows that there are a total of 3364 affordable units in Evansville.
5308 Eden Drive, Evansville, Indiana 47715
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Francine Harris says:
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