Vine Street Lofts

1308 Vine St., Jasper, Indiana 47546

This housing opportunity is currently under construction.

Waiting List is Open Now

The Vine Street Lofts waiting list is currently open until further notice.

Last updated on February 25th, 2019

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - From $320 To $550
Two Bedroom (2/1) - From $384 To $640

Vine Street Lofts Details

  • 62 1 and 2 bedroom units.
  • Section 202 Supportive Housing for the Elderly
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Computer Lab
  • Community Room
  • Business Center
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Community Media Center
  • Pet Friendly

Unit Amenities

  • Fully Equipped Kitchen
  • Washer and Dryer Included

Office Hours

Day Hours
Monday 9:00am-4:00pm
Tuesday 9:00am-4:00pm
Wednesday 9:00am-4:00pm
Thursday 9:00am-4:00pm
Friday 9:00am-4:00pm

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.

Image of Vine Street Lofts

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