Independence Place Apartments

740 K Street #9 SE, Linton, IN 47441

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

Accepting applications please call for more information.

Dave's Thoughts On Independence Place Apartments

Because Independence Place Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Independence Place Apartments

*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 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year $48,950 / year $52,100 / year
50% AMI for PBRA Units $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year $48,950 / year $52,100 / year
60% AMI for LIHTC Units $33,180 / year $37,920 / year $42,660 / year $47,340 / year $51,180 / year $54,960 / year $58,740 / year $62,520 / year

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

FAQs for Independence Place Apartments

Does Independence Place Apartments have a waiting list?

Independence Place Apartments 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 Independence Place Apartments?

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 Independence Place Apartments?

Independence Place Apartments is managed by Valenti Real Estate Services, Inc. headquartered in Indianapolis, Indiana.

In addition to Independence Place Apartments, how many other affordable housing properties (and units) are there in Linton?

In addition to Independence Place Apartments, we list 7 other affordable properties in Linton. Learn about these properties here. Our data research shows that there are a total of 262 affordable units in Linton.

Listings Near Independence Place Apartments

Meadowbrook II Senior Apartments

1000 Meadowbrook, Linton, Indiana 47441

bed 1
payment $378-557/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Camelot Court of Linton

1620 Camelot Ct, Linton, Indiana 47441

payment Subsidized

Parkview Apts IV

901 7th St Ne, Linton, Indiana

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

588 1st St NW

588 1st St NW, Linton, Indiana 47441

payment Subsidized

Parkview Apartments II

970 I St NE, Linton, Indiana 47441

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Linton Senior Apartments

East St, Linton, Indiana 47441

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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