346 North Blue Road, Greenfield, IN 46140
Waiting List Forecast: Likely Short or None
Verified for 2018 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 841 - 895 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.
Welcome home to Reflections at Bluestone, a Senior living community in Greenfield offering brand new apartment homes. Enjoy the best of small town, independent living in a maintenance free environment without the hassle of home ownership.
The Reflections apartment homes feature smart, energy efficient, one story design with open concept floor plans, fully equipped kitchens and washer/dryer hook-ups. Many apartment homes have front porches, rear patios, and private attached garages. Reflections provides a smoke-free environment with no property taxes, no home repairs, and no association fees to pay. A library, computer center, fitness center, and other common areas are available for all residents to enjoy.
Reflections is also pleased to offer a comprehensive wellness program through a strategic alliance with a local health care provider and residents pay for services only as needed.
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 Reflections at Bluestone Senior Housing 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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 |
|---|---|---|
| One Bedroom (1/1) | 841ft2 | Call for Price† |
| One Bedroom (1/1) | 842ft2 | Call for Price† |
| One Bedroom (1/1) | 895ft2 | 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 | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year | $52,250 / year | $56,100 / year | $60,000 / year | $63,850 / year |
| 50% AMI for PBRA Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year | $52,250 / year | $56,100 / year | $60,000 / year | $63,850 / year |
| 60% AMI for LIHTC Units | $40,620 / year | $46,440 / year | $52,260 / year | $58,020 / year | $62,700 / year | $67,320 / year | $72,000 / year | $76,620 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Reflections at Bluestone Senior Housing have a waiting list?
Reflections at Bluestone Senior Housing 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 Reflections at Bluestone Senior Housing?
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.
In addition to Reflections at Bluestone Senior Housing, how many other affordable housing properties (and units) are there in Greenfield?
In addition to Reflections at Bluestone Senior Housing, we list 26 other affordable properties in Greenfield. Learn about these properties here. Our data research shows that there are a total of 602 affordable units in Greenfield.
2220 Stone Crossing Way , Greenfield, Indiana 46140
2915 Switch Grass Dr, Greenfield, Indiana 46140
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