Schoolview Heights

8453 College Street, French Lick, Indiana 47432

Schoolview Heights offers a 1 bedroom unit for elderly/seniors in the city of French Lick, IN.

Units

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

Schoolview Heights Details

  • 40 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • BBQ/Picnic Area
  • On-Site Manager
  • Laundry Room
  • On-Site Parking

Unit Amenities

  • Garbage Disposal
  • Cable/Satellite TV
  • Refrigerator
  • Oven and Range

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Schoolview Heights is managed by MACO Management Company.

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